RugbyWA Annual Report 2014 by RugbyWA

ANNUAL REPORT 2014 Western Australian Rugby Union (inc.)

Office Bearers Western Australian Rugby Union (Inc)

President

Patron in Chief

Chairman

Founded 1983, Re-formed 1928

His Excellency Malcolm McCusker AC CVO QC, Governor of Western Australia

Patron

Mr Arthur Hill

Vice Patrons

Honourable Chris Evans; R C Kucera APM; Hon. Alannah MacTiernan MP; The Right Honourable Lisa-M. Scaffidi, The Lord Mayor City of Perth, Hon. Terrence Waldron MLA, Minister for Sport and Recreation; Racing and Gaming; Simon Withers, Mayor Town of Cambridge

Life Members

D G Redpath Dr R J Perry AM

Board Members

D G Redpath (President), Dr R J Perry AM (Chairman), C Fear, S Fink (ceased 01/04/2014), M Fulker (commenced 14/04/2014), T Howarth AO CitWA, L Davies (ceased 26/03/2014), K Gallagher (commenced 14/04/2014), H Sauer (elected 26/03/2014), B Stewart (ceased 14/04/2014), S Staniforth (Player Representative), I Cochrane (ceased 14/04/2014), D Vaux.

Chief Executive Officer M Sinderberry

P Bailey, B Belfitt, Mrs V Bleakley, TJ Bradbury, Dr D Butcher, P Davies-Moore, Rev R Davis, M Day, C Fear, S Fink, B French, J Hancock, Dr B Hartley, Dr D Haultain, A Hill, G Hunt, M Hunt, Dr A Johnson, G Mickle, B Olney, Dr R Perry AM, M Penhaligon, D Procopis, D Redpath, B Reinecke, M Siddons, J Skiba, G M Stooke OAM, J Suckling, R Todman, R Trend,

Secretary

Honorary Life Members

Dr R J Perry AM

R Arndt, J Freemantle, C Green, J Green, R Vaughan, B Wright

M Wilson

Judiciary Board

M Tudori, J Hancock, M Hunt, B Thomson, M Parker, P Ellis, R Mills, S Waddingham, C Gregson, N Evans, M Cashman

Australian Rugby Union Delegate Auditor

Ernst & Young

Awards 2014 Western Force Awards Nathan Sharpe Medal Matt Hodgson

Geoffrey Stooke Award

Ben McCalman and Sam Wykes

Rising Star

Adam Coleman

Members MVP Nick Cummins

RugbyWA Awards Employee of the Year Jessica Godwin

Community Rugby Awards PG Hampshire Award Dylan Timu (Perth Bayswater)

Championship Player of the Year Carols Waretini (Joondalup Brothers)

Coach Award

Gus Martyn (Nedlands)

RUGBYWA 2014 ANNUAL REPORT

Top Try Scorer

Christian Joubert (UWA) & Michael Ruru (Nedlands)

Top Point Scorer

Levon Kvas-Rothwell (UWA)

Most Improved Player

Andries van der Westhuizen (Nedlands)

Best Colt Player (U20)

Brad Lacey (Wests Scarborough

Womenâ&#x20AC;&#x2122;s Best & Fairest Rebecca Clough (Cottesloe)

Referee Award Graham Cooper

Life Membership Charles Fear

Premiership Club Champions Nedlands

Championship Club Champions ARKs

Champion Club Palmyra

Contents Office Bearers ....................................... 2 Awards .................................................. 2 President’s Report ................................. 4 Chairman’s Report ................................. 5 Chief Executive Officer’s Report ............. 6 Media and Marketing Report .................. 9 Professional Rugby Report .................... 11 Season Review ............................. 13 - 20 Perth Spirit Season Report.................... 21 Perth Spirit Season Review............. 22 - 26 Community Rugby Report .............. 27 - 30 WAJRU President’s Report ................... 31 WARURA Report ................................... 32 WASRU Report ..................................... 34 Country Rugby Report .......................... 35 Junior Elite Report ........................ 36 - 40 Chief Financial Officer’s Report ............. 41 Finances ....................................... 42 - 63 RUGBYWA 2014 ANNUAL REPORT

President’s Report I’d like to begin by thanking everyone involved in Western Australian rugby for their wonderful contributions in 2014. This has been a very successful year for WA rugby on the field with several excellent achievements placing our state firmly at the forefront of Australian Rugby. This is consistent with RugbyWA’s goal of becoming a driving ‘Force’ in Australian Rugby. RugbyWA is progressing steadily toward the goal of growing rugby participation and rugby talent in Western Australia and our Western Australian representative teams have proven this.

UWA fullback Christian Joubert and Nedlands scrumhalf Michael Ruru shared the Pindan Premier Grade Top Try Scorer mantle with each crossing 15 times during the season. UWA winger Levon Kvas-Rothwell took out the Top Points Scorer Award with 171 points this season (3 tries, 42 conversions and 24 penalties).

Firstly, the Western Force achieved record numbers on the field with their nine wins in 2014 and saw a strong local contingent represent the WA side with eight locally produced players earning caps. Our national representation was also strong with seven players selected for the Wallabies squad including newcomers Nathan Charles, Tetera Faulkner and Kyle Godwin.

Cottesloe forward and Australian representative Rebecca Clough was awarded the Women’s Fairest & Best. Clough’s standout season saw her rewarded with selection for her second Women’s Rugby World Cup starting in the second row in each of Australia’s Test matches.

The Perth Spirit represented the state with vigour in the inaugural Buildcorp National Rugby Championship, making it through to the grand final in Brisbane. Forty-two Perthbased players took part in the competition, nineteen of those exclusively from Perth’s Pindan Premier Grade clubs. The Western Australian Under 20s took home the Southern States Under 20 Championships with ten players selected for the Combined States squad for the National Under 20 Championship and an additional four players – Harry Scoble, Ross Haylett-Petty, Brad Lacey and Luke Burton – selected for the Australian Under 20 squad. Western Australia was also the standout state in the Junior Gold Cup with our WA Under 17s team defeating Victoria, 29-18 in the JGC final in Perth. The WA Under 15s won three of their five matches. Congratulations to everyone involved in the JGC programme and to all of those involved with age group representative rugby. The WA Club competition produced plenty of high quality rugby for local supporters throughout 2014 and I would like to acknowledge everyone who contributed to the successful running of another great year. Congratulations to UWA who defeated Cottesloe, 16 -13, in the Pindan Premier Grade Grand Final. The full tables and results of all Grand Finals are detailed on Page 29 & 30.

2014 RugbyWA Award Winners Outstanding Perth Bayswater young gun, Dylan Timu, was recognised as the Pindan Premier Grade’s best player in 2014, receiving the PG Hampshire Award at the RugbyWA Awards Breakfast. Timu was a shining light for Perth Bayswater and a key player in the club’s revival. The utility back finished the season with 59 points, including four tries. 4

RUGBYWA 2014 ANNUAL REPORT

Nedlands back-rower Andries van der Westhuizen was recognised for his breakout season in claiming the Most Improved Player Award.

RugbyWA Board member, Charles Fear, was recognised for his service as a player, coach, referee, committee member, board member and sponsor of rugby in Western Australia with Life Membership to RugbyWA. Referee Graham Cooper was the recipient of the Referee Award for the second year running. Cooper was recognised as the top referee in the state for his performances in the Pindan Premier Grade as well as at a national and international level. The West Australian Rugby Union Council met on three occasions including the AGM at which I was re-elected President and Mr Hans Sauer, formerly President of the Nedlands Club, was elected for a two year term. I would like to thank RugbyWA CEO Mark Sinderberry and his hard working staff. 2014 has been a year of change in the organisation during which Mark’s team has developed strong relationships with the rugby community, sponsors and government and excellent results have been achieved. Finally, thanks to the RugbyWA Board for their hard work which is provided to rugby in a purely voluntary capacity.

David Redpath President

Chairman’s Report Led by a significant improvement in on-field performances by the Western Force, 2014 represents a turn-around year in the fortunes of RugbyWA. As our flagship and major revenue stream, the Western Force had its most successful season ever with nine victories, six of which were at home on the ‘Force Field’ (nib Stadium). The season finished with our team, superbly led by Matt Hodgson and coached and managed by Michael Foley and the entire coaching support staff, only one game away from a finals berth.

acknowledge the support of the WA Government and the Department of Sport and Recreation with whom we have an open and constructive relationship.

Importantly this success was underpinned by a series of other major rugby achievements; the Perth Spirit was grand finalists in the inaugural National Rugby Championship competition providing opportunity for 19 senior grade players to step up and show their worth; the WA under 17’s were winners of the National Junior Gold Cup, supported by our under 20’s being unbeaten among southern states and our under 15’s winning a significant number of interstate games; national representation with seven players in the Wallabies, three players in the Wallaroos and four in the Australian under 20’s; and eight local players represented the Western Force during the season – the most ever.

Discussions have commenced with relevant organisations in Singapore, Sri Lanka, Japan and Hong Kong to create appropriate structures and programs of mutual benefit. The Australian Rugby Union has continued along a new pathway of consultation and cooperation through joint decision making that we believe will present a better more beneficial relationship with RugbyWA, coinciding with the growth of Super Rugby into an 18 team competition in 2016, a more equitable distribution of funds to Community Rugby across all States and the achievement of a sustainable NRC. The new management structure nib Stadium - our home ground, we believe will provide better economies.

Matt Hodgson and Pek Cowan deservedly returned to the Wallabies joining Ben McCalman and new Wallaby selections Nathan Charles, Tetera Faulkner and Kyle Godwin. Our Captain Matt Hodgson received the honour of captaining the Wallabies against the Barbarians during the Spring Tour and was further recognised receiving RUPA’s People’s Choice Award. Matt embodies the loyalty and courage and leadership qualities that provide the foundation for the ongoing success of the Western Force and all on-field teams and off-field structures in RugbyWA.

The future of RugbyWA is reliant on the ongoing contribution of all community clubs and the Board is cognisant of the needs and priorities necessary to create and support a strong future for all clubs in WA. We recognise the significant contributions of the Force 15; the Future Force; the Force Families led by the Stewart family; RugbyWA Juniors; the Country Union; the Referee’s Association; the Judiciary Board; and a host of committed volunteers lead by Tony McCarthy, legal advisor for reports/appeals; and Adrian Blacker our Team Support Coordinator.

It is important to recognise and celebrate our rugby achievements at the national level, Super Rugby, NRC, Pindan Premier Grade, Bankwest Junior Rugby, Women’s Rugby, Community Rugby in Perth and the regions of Western Australia, and Sevens Rugby, as well as participation in all forms of the game. Rugby Union is the reason we exist, the reason we volunteer, the reason we work at RugbyWA, the reason we become members and supporters and sponsors. Our achievements in 2014 have been significant and we look forward to increased levels of support from all sections of the rugby community in recognition of the efforts that have been put in to make us an even more successful organisation.

In the context of the achievements to date and the challenges that lie ahead, I wish to thank all Board Members for their efforts during 2014. I particularly acknowledge the contributions of retiring Board Members Leon Davies, especially for his work in Community Rugby; Ian Cochrane, for his wisdom in matters legal and commercial; Brent Stewart for his significant involvement in the original bid 10 years ago and ongoing contribution in marketing and research; and Steve Fink, who is retiring after over 20 years involvement in RugbyWA and a contribution without peer in community and junior rugby. I welcome new Board Members Hans Sauer, John Edwards, Marion Fulker and Kevin Gallagher, who have already demonstrated hard work and enthusiasm for the task as we meet the challenges of 2015 and beyond.

Financially, RugbyWA continues to walk a fine line regarding viability – times remain tough but we have reason for optimism. 2014 will once again show a trading loss but the trend line has turned, noting in particular there is always a time lag of financial support following on-field success. The Board of RugbyWA has a strong focus on cost management and seeking additional revenue and is bent on achieving long term sustainability. We especially

Sponsorship remains challenging in a softening economy and we thank our sponsors - past, ongoing and new, for their support. The Force 15 - our ‘club within the club’ - is a valuable coterie of financial and networking assistance for which we are grateful.

Finally on behalf of the Board of RugbyWA I thank and acknowledge the hardworking and fantastic staff of RugbyWA led from the front by our CEO Mark Sinderberry.

Russel Perry Chairman RUGBYWA 2014 ANNUAL REPORT

Chief Executive Officer’s Report In 2014 the club continued to take further steps towards our vision of becoming the most respected professional sporting club in Western Australia by 2016. We have identified that this vision will be accomplished through attaining our strategic pillars: • We are the best sporting club to play and work for, • Our style of play and development of people will be widely recognised, • We are important and relevant to the local rugby community, • We have a strong and committed supporter base, • We are a valued member of the wider community; and • We are self-sustaining

Partnerships With our long-term partnership with naming rights partner, Emirates, coming to a close at the end of 2013, the club took an alternate approach to engaging a front-of-jersey partner/s, by offering individual jersey ‘real estate’ to local Western Australian businesses. This alleviated the decline in sponsorship revenue in a challenging wider economic climate and, importantly, provided us the opportunity to build partnerships while promoting these WA-based organisations to ensure we have a strong and local supporter base Based on the success of this initiative in 2014, we have chosen to utilise this model again for the 2015 Asteron Life Super Rugby season.

Corporate Hospitality Despite the challenges presented in light of economic downturn, particularly in the mining sector, our corporate hospitality revenue remained stable in 2014. However, with the new and additional facilities and corporate spaces available through the recent refurbishment of the ‘Force Field’ (nib Stadium), there is the prospect for further growth in this area to build on our supporter base.

member base and recruiting new members. This process resulted in the return of the ‘Members Bar’ in 2014 (‘The Corner Post’), providing our members with an exclusive venue to meet up with fellow members before and after the match, as well as providing exclusive access to players, including the Haigh & Hastings Man-of-the-Match presentation after each game. As the club enters our 10th season of Super Rugby, we are putting a renewed focus on our fan engagement and looking to build a greater community of rugby supporters. We have identified a vast number of supporters of rugby in Western Australia through research conducted by the Australian Rugby Union (ARU) at the end of 2014, and we are looking to find effective ways to implement and sustain a greater engagement with these supporters.

Financial The organisation had some financial challenges in 2014 and while there has been significant improvement off the back of the most successful season in the club’s history, we acknowledge it will be another tough year in 2015. I would like to acknowledge the support we received in 2014 from the Force 15 as well as other supporters in the Western Australian rugby community that have assisted us with short-term challenges and thank them for their interest in making us the best sporting club to play and work for. There is optimism for an improved state of affairs in 2016 with the re-negotiation of the broadcast rights which are a significant addition to our revenue stream. The change to the competition format will demonstrate the world appeal of Super Rugby and allow us to explore greater opportunities in generating revenue.

Western Force

We experienced a 0.6% growth in membership for the first time in the club’s history in 2014 with 12,259 joining us in the ‘Sea of Blue’ – a result of increased engagement with our fan base and the on-field efforts of the Western Force.

The Western Force’s performances on the field in 2014 saw the team return their best season of Asteron Life Super Rugby in the club’s history. These performances reflected significant hard work and determination of the team in meeting the standards set and achieved by the squad. I would like to acknowledge the work of Michael Foley and Matt Hodgson and the team (both staff and players) in ensuring these technical, physical and cultural standards continue to be met.

Forums were held prior to the commencement of the 2014 season to give our passionate supporters the opportunity to discuss any aspect of their membership as well as providing a platform for lapsed members to identify reasons that prevented them from renewing. We used – and will continue to use – this information to continue to improve our membership offerings as a means of sustaining our

It was pleasing to see the number of Wallaby representatives increase in 2014 with the Nathan Charles and Tetera Faulkner making their international debuts while WA-grown Kyle Godwin gained his first taste of international duties with inclusion in the Australian squad for the first time. The re-selection of foundation players Matt Hodgson and Pek Cowan was also a great acknowledgement for their

Memberships

RUGBYWA 2014 ANNUAL REPORT

consistent performances throughout the season. We will continue to provide a strong contribution to Australian rugby through the development of our players and endeavour to grow more locally-grown talent into Wallabies. We have retained the vast majority of our squad for the 2015 Asteron Life Super Rugby season as we look to go ‘back-to-back’ following our most successful season yet. I feel this is reflective of the work that has been put in to developing RugbyWA and the Western Force into the best sporting club to play and work for through the provision of the Force Family program that has built a network of support for the players to integrate into the Perth lifestyle, expanded professional development programs that builds on the players’ interests outside of rugby as well as the opportunity to work in some of the best sporting facilities in Western Australia.

Perth Spirit The Perth Spirit was resurrected in the inaugural Buildcorp National Rugby Championship (NRC) providing another pathway for the best Western Australian talent to play at a higher level and giving our Asteron Life Super Rugby contracted players additional on-field exposure during the “off-season”. The national competition has worked in reducing the gap between the Pindan Premier Grade and Asteron Life Super Rugby so we remain important and relevant to the local rugby community, as well as providing a platform for our Western Force talent to continue pushing for international selection. I must acknowledge the immense contribution the Western Australian rugby community has given in supporting the competition in its first year. We saw 2,300 ‘fill the hill’ at McGillivray Oval in our opening home match, and great crowds at Joondalup Arena and Lark Hill Sportsplex. Thanks must be given to UWA Rugby Club, Joondalup Brothers RUFC and Rockingham RUFC for hosting the three home matches in Perth, and providing fantastic venues for our fans to enjoy the matches.

Future Force To secure the future of the Western Force we identified the need to develop a self-sustaining recruitment model and in 2014 we launched the Future Force programme – a pioneering full-time academy that works to identify local, national and international talent and develop them into the future generation of Western Force players. This will be achieved through the following objectives: 1. Grow the rugby talent base in Western Australia; 2. Provide opportunities for talented young players to pursue professional rugby; 3. Allow scholarship holders to realise their rugby potential; 4. Assist scholarship holders to develop as people

As we strive to become the best sporting club to work and play for, the Future Force programme is a significant achievement in providing a visible and attainable pathway for the talent here in Western Australia as well as external rugby pools. In September, we announced that three local players – Richard Hardwick (UWA), Kane Koteka (Wests Scarborough) and Harry Scoble (UWA) – would be the first inductees into the Future Force. This programme is being ably led by Mickey Arthur, supported by the elite coaching of Tai McIssac and Dwayne Nestor. The Future Force is overseen by the Future Force Foundation Board made up of respected Perth business identities Greg King, John Welborn, Simon Stewart, Adrian Fini, Camillo Della Madalena and Mickey Arthur. I would like to thank them both for their time and dedication in getting this vital programme off the ground as we endeavour to grow our rugby talent right here in Western Australia. I must also thank the supporters of the Future Force, who are committing to help fund this elite programme that will allow us to grow the number of players that can be exposed through a full-time programme. This addresses the players’ physical and rugby requirements, while also providing planning and support for their educational and vocational aspirations.

Thanks The Department of Sport and Recreation and Western Australian Government have once again provided great support to rugby in WA and I would like to thank them for their ongoing support. I would also like to acknowledge the support of the ARU and their efforts this year. Following a restructure, the strategic direction of the ARU has seen significant changes as they acknowledge the wider financial challenges facing the game in 2014. CEO Bill Pulver has instigated a significant reform process through the establishment of four strategic sub-committees – involving key ARU staff and CEO’s from around Australia – to develop a greater sense of purpose and integration between the states and the ARU: • ARU/States roles and responsibilities; • Player contracting; • Fan Engagement; and • Game Development • There is light at the end of the tunnel with a lot to look forward to with the continuation of the Buildcorp NRC and the upcoming 2015 Rugby World Cup. Changes have been implemented at the participation level of all of Rugby which through the ARU’s National Participation Registration Fee, will ensure that a portion of club registration costs are reinvested directly back into Game Development and straight back into Western Australia. In 2015, the change from team to individual insurance and levies, and accompanying RUGBYWA 2014 ANNUAL REPORT

Chief Executive Officerâ&#x20AC;&#x2122;s Report (cont.) registration system is designed to transform the way the community game is funded, shifting the payment liability away from the club and onto the individual. Over the coming years this will begin to decrease the administration burden that our clubs take on each year. The levies collected will be directly invested into Community Rugby in WA meaning that as participation grows in WA, so will the amount of funding put directly back into community rugby in WA.

Finally, Iâ&#x20AC;&#x2122;d like to thank everyone who has contributed to our vision of becoming the most respected professional sporting club in Western Australia throughout 2014. The RugbyWA Board and council members; the passionate staff at the Western Force and RugbyWA; the players, referees, officials and the Sea of Blue; our local junior and senior clubs and their members.

Mark Sinderberry Chief Executive Officer

RUGBYWA 2014 ANNUAL REPORT

Media and Marketing Report At the end of 2013, the Media & Communications department expanded to incorporate the marketing function of the organisation. This move was taken to provide greater alignment of our marketing and communications/media activities.

Marketing We engaged 303 Lowe to assist with our campaign for 2014 – incorporating feedback gained from a series of focus group market research sessions conducted at the end of the 2013 season. The ‘#BELONG’ campaign was formed to incorporate all rugby-loving supporters in Western Australia – not necessarily just Force fans. This campaign channelled into a number of new #BELONG events, including showing our first match of the season against the Waratahs on the big screen at Northbridge Piazza; a ‘Welcome’ at Claisebrook Station for our first home match against the Brumbies; as well as engaging with the McGrath Foundation for their ‘Pull On Your Socks’ campaign for our match against the Lions. In order to provide a greater sense of identity for and belonging to the Western Force, nib Stadium was unofficially renamed the ‘Force Field’, while the RugbyWA training facility in Floreat was retitled, ‘The Home of the Western Force’. Due to the late execution of the #BELONG campaign, it will be continued through the 2015 season, particularly around the 2015 membership campaign. With a chief key performance indicator around ticket sales for the season, tickets sales budgets were exceeded for four of our eight home matches, while our overall season ticket revenue exceeded our budgeted amount. The campaign was driven by our Brand Marketing Manager, Nicola Brandon, whose enthusiasm and fresh ideas were utilised by and extended across most areas of the organisation. At the end of the season Nicola took up a position with Brownes Dairy and we wish her all the best with her future endeavours.

Media We enjoyed an increased media interest in the Western Force throughout the season, largely due to the team’s on-field success. However, despite the Force still in line for a possible finals berth, interest in the side dropped significantly following the June Test break. We continued to work with our media partners – The West Australian, Channel 9, WAtoday, and 6PR (ad hoc basis). We continued to work in coordination with the local media, including Nick Taylor (The West Australian), Dale Granger (The Sunday Times) and Justin Chadwick (AAP), while

Channel 10, Channel 9, ABC, Fox Sports News and 6PR have also provided continual coverage through the season. Several players assisted with regular media placements during the season, including Nick Cummins with Nathan, Nat & Shaun on Nova 937; captain Matt Hodgson was a weekly regular on 6PR’s Sports Today with Karl Langdon and Brad Hardie; Nathan Charles provided a weekly column for the readers of WAtoday; while several players were also guests with Adrian Barich, Angela Tsun and David Wirrapunda on the Dead Set Legends on 94.5. 2014 also witnessed the rise of the ‘The Honey Badger’ phenomenon, featuring Nick Cummins. On the back of several interviews on Western Force TV (YouTube channel) and post-match interviews, Nick gained international attention with a profile that transcended rugby. We also received strong support for the Perth Spirit (Buildcorp National Rugby Championship) and our community rugby from a number of media outlets, including The West Australian, the Western Suburbs Weekly, the Wanneroo-Joondalup Times, the Sound Telegraph, SportFM and Twin Cities FM.

Communications Our website continues to be a central information hub for information regarding the Western Force and RugbyWA. In 2014 our website underwent a redevelopment as we moved away from the Australian Rugby Union’s Shared Services Agreement. The website is to provide an improved user experience, aided by the consolidation of the number of microsites that were operating as part of the website. The redevelopment was carried out by local web development/ marketing agency, Doghouse Media. In 2014 our website received more than 1.25 million page views from 229,841 people visiting the site. We received 44.84% new visitors for the site. In social media, our Facebook ‘Likes’ have more than doubled for a third successive year (21,216 to 54,043); and our Twitter following realised a 2,000 increase on last season’s growth (10,819 to 16,400). During the season we started our own Instagram account, with the channel already boasting 3,734 followers. We will continue to look to use these channels as a key fan engagement tool and look at new ways to grow these channels and initiatives to encourage further interaction. Our YouTube channel nears 2,500 subscribers (more than double our 2013 figure) during 2014, however, the viewership received – on the back of several Nick Cummins interviews – was unprecedented. A montage of ‘Badgerisms’ (“NICK CUMMINS says the darndest things” – put together by Dave Berrie) garnered 673, 186 views, while ‘NICK CUMMINS: Says Thank You to the Sea of Blue’ RUGBYWA 2014 ANNUAL REPORT

was viewed on 227,229 occasions. During this year we have worked hard to improve engagement with our Community Rugby public through the provision of timely club-related information, and this remains a priority for the club moving forward. In 2014 we brought the production of editorial content of the Linebreak, our match day programmes, in-house for the first time. Elise Goodin took editorial responsibility for the programs, including liaising with print partner, Expo Group. In 2014 we sold an average of 770 programs/ match (up from 750/match in 2013), with a season high 950 programs sold for our match against the NSW Waratahs.

Staff

In addition to Nicola’s departure, our Graphic Designer and Marketing Assistant, Scott Malcolm also moved on following the National Rugby Championship, taking the opportunity to move to the United Kingdom. Elise Goodin (Media Officer) and David Berrie (Digital Content Coordinator) have continued to operate in their respective positions. I’d like to thank the team for all their continued efforts in 2014 – in what was a demanding but rewarding season.

We received assistance throughout the season from our Media Intern, Francis Curro. Francis continued to assist in providing coverage (previews, match reports and relevant stories) of the Pindan Premier Grade during

the season. We received regular coverage for the Pindan Premier Grade in The Sunday Times, The West Australian, Western Suburbs Weekly and Stirling Times. Jake Battrick also assisted with the Perth Spirit through the National Rugby Championship and provided media (editorial and administration) assistance through until the end of the year.

RUGBYWA 2014 ANNUAL REPORT

Nick Smith Marketing and Communications Manager

Professional Rugby Report The 2014 Super Rugby season marked a significant step forward for the Western Force. The team commenced the season with the aim of becoming the ‘most successful team in the club’s history’. This milestone was achieved in the 29-19 win over the Lions and then exceeded with our 30-20 win over the Queensland Reds. In addition to this, the team also achieved the following club records in 2014: • most wins in the club’s history (9); • most consecutive wins in the club’s history (5); • most home wins in club history (6); • most consecutive home wins in club history (5); • Matt Hodgson becoming the first player to reach 100 matches for the club; • Eight locally produced players representing the Force; • Kieran Longbottom becoming the first WA player to play 50 matches for the club; The Western Force finished the season one win (two competition points) away from an inaugural appearance in the Super Rugby finals, in third place on the Australian conference – including wins over three of the five finalists played.

COACH LED: Our coaching staff, including David Wessels (Senior Assistant Coach), Kevin Foote (Attack/Backs Coach) and Dwayne Nestor (Academy, Kicking and skills) all provided excellent technical input and developed their knowledge and processes as the season evolved. Importantly, all coaches have displayed the qualities of leadership that marks them as Head Coaches at varied levels in the future. In support of coaching, Damien Pacecca’s combination of IT skills and rugby experience were utilised to reach beyond data collection into data analysis, which presented an opportunity to challenge team strategies and tactics. The full-time coaching staff were well supported by consultants Braam van Straaten (Kicking & PD initiative to Dwayne Nestor) as well as Philip (Chook) Fowler as strategist. Our off-season and pre-season training blocks targeted attaining the standards of the ‘fittest team in the clubs history’ which formed an important foundation piece in improved on-field results. This supporting program was implemented under the guidance of David Joyce (Head of Athletic Performance), Charlie Higgins (Head Strength & Conditioning Coach), Brendyn Appleby (Strength & Conditioning Coach), Louis Dallimore (Academy Strength & Conditioning Coach), Emidio Pacecca (Senior Physiotherapist), Sophy Foreman (Dietician) and our Team

Doctor, Dr Mike Cadogan and based on objective data. Mark Calverley, our Team Manager, assisted ably by Adrian Blacker (Team Support Coordinator) and Jane Hambley (Rugby Logistics Coordinator) worked tirelessly to ensure all logistics and systems were aligned to best practices that consistently enabled the team to operate optimally. In 2014 we improved our focus on the vocational and personal development of our players in a belief that it is our responsibility to ensure players move through their time with the Force developing strategies that will enable their success beyond their rugby careers. To that end, initially Ryan Webster and more recently, Sam Cox our Player Development Manager have both been proactive on this front. Specifically, Sam has begun to implement a number of initiatives that are focused on ‘developing the man behind the player’.

PLAYER DRIVEN: Under the leadership of Captain Matt Hodgson and our Standards Group (Sam Wykes, Pek Cowan, Ben McCalman, Alby Mathewson, Kyle Godwin and Patrick Dellit) the team remained committed to the key value of ‘earning respect’ and drove to constantly improve standards of behaviour, preparation and performance. In 2014, an emphasis was placed on our ability to challenge one another and as a result, ‘play to dominate’, not just compete. This combined with our experiences from the 2013 season, provided a greater certainty and belief in the character we wanted to display in our performances.

RECOGNITION: Local: Our season was officially recognised at the Nathan Sharpe Medal Dinner, where Matt Hodgson was awarded the Nathan Sharpe Medal after an outstanding Super Rugby season. In addition, Sam Wykes and Ben McCalman were recognised for their excellent contributions, particularly in driving team standards and on-field performance, in jointly receiving the inaugural Geoff Stooke Medal, while lock Adam Coleman claimed the Rising Star as acknowledgement for an impressive debut Super Rugby season. Finally, Nick Cummins’ impact on matches and unique relationship with our supporters were highlighted in being awarded the Members’ MVP. International: The success and the performances of the team on the field was in turn reflected in an increased number of players selected for national honours during 2014. Nick Cummins and Ben McCalman retained their positions within the Wallaby squad; Matt Hodgson and Pek Cowan were selected after three seasons outside the Test arena and Nathan Charles, Tetera Faulkner and Kyle Godwin all RUGBYWA 2014 ANNUAL REPORT

became Wallabies for the first time (Nathan and Tetera made test debuts). Of note, Kieran Longbottom and Heath Tessmann were nominated for selection but were unable to receive the honour due to departure from Australia and injury respectively. It is the ambition of the program to continually grow our international representation in 2015. At the Under 20 level, Luke Burton (2014 Super Rugby debutant) and Brad Lacey (Wider Training Squad) were selected for their second IRB Junior World Championship in New Zealand. In addition, No.8 Ross Haylett-Petty and hooker Harry Scoble, who have been rewarded with contracts for the 2015 season, were also first choice forwards throughout the U20’s World Championship. Individual: A number of individual milestones were achieved during 2014, including: • Matt Hodgson – 100 Super Rugby matches (100 for the Western Force) • Alby Mathewson – 100 Super Rugby matches • Nathan Charles – 50 Super Rugby matches (50 for the Western Force) • Kieran Longbottom – 50 Super Rugby matches (50 for the Western Force) • Luke Morahan – 50 Super Rugby matches • Sias Ebersohn – 50 Super Rugby matches Throughout the season 13 players made their Super Rugby debut for the Western Force, including: • Wilhelm Steenkamp • Zack Holmes (local player) • Luke Morahan • Oliver Hoskins (local player) • Brynard Stander • Ian Prior • Adam Coleman • Marcel Brache

• • • • •

Chris Tuatara-Morrison Luke Burton (local player) Francois van Wyk Dillyn Leyds Ryan Hodson (local player)

DEPARTURES: We have farewelled a number of players, including Kieran Longbottom (Saracens, England), Salesi Manu (Treviso, Italy), Phoenix Battye (Beziers, France), Ryan Hodson (Jersey, England), Hugh McMeniman (Honda Heat, Japan), Jayden Hayward (Treviso, Italy), Chris Tuatara-Morrison (Castres, France), Nick Cummins (Red Sparks, Japan), Ed Stubbs (NSW Country Eagles), Dillyn Leyds (Western Province) and Dillyn Sage (UCT, South Africa). I would like to thank all of these players for their valuable contribution to creating such a driven and cohesive playing group that led to the side’s success in 2014. I would also like to thank and wish David Joyce all the best. He has worked tirelessly in his role as Head of Athletic Performance and will undoubtedly enjoy much success in his new adventure with the Greater Western Sydney Giants (AFL). Separately, inaugural Force staff member Brendyn Appleby (Strength & Conditioning Coach) now heads the strength & conditioning programme for the men’s Australian hockey team where his depth of knowledge will be well received. In what has been a rewarding season, I would like to thank all our families for their wonderful support, our staff for their outstanding dedication and our fans for their unwavering loyalty, particularly when times are tough. We are privileged to be able to pursue what we love and without you by our side, the adventure would not be possible or worthwhile. We look forward to continuing to build on the foundations laid into the future.

BACK ROW: Brad Lacey, Robbie Abel, Brynard Stander, Phoenix Battye, Chris Tuatara-Morrison, Salesi Manu, Chris Heiberg, Dylan Sage THIRD ROW: Ryan Louwrens, Ed Stubbs, Dillyn Leyds, Patrick Dellit, Ryan Hodson, Rory Walton, Marcel Brache, Francois van Wyk, Solomoni Rasolea, Luke Burton, Justin Turner SECOND ROW: Kieran Longbottom, Chris Alcock, Oliver Hoskins, Angus Cottrell, Hugh McMeniman, Sam Wykes, Adam Coleman, Wilhelm Steenkamp, Luke Morahan, Nathan Charles, Heath Tessmann, Tetera Faulkner FRONT ROW: Sias Ebersohn, Kyle Godwin, Jayden Hayward, Alby Mathewson, Ben McCalman, Michael Foley (Head Coach), Matt Hodgson (Captain), Mark Calverley (Manager), Pek Cowan, Nick Cummins, Dane Haylett-Petty, Zack Holmes, Ian Prior

2014 Western Force Squad

RUGBYWA 2014 ANNUAL REPORT

Season Review 2014 Super Rugby – Week 2

Sunday, 23 February 2014 - Allianz Stadium, Sydney

Waratahs: 43

(Israel Folau 3, Alofa Alofa, Kane Douglas, Kurtley Beale tries; Bernard Foley 5 conversions, 1 penalty)

Western Force: 21

(Nick Cummins, Kyle Godwin tries; Zack Holmes 1 conversion, 3 penalties)

2014 Super Rugby – Week 3

Saturday, 1 March 2014 - nib Stadium, Perth

Brumbies: 27

(Scott Fardy, Jesse Mogg, Robbie Coleman tries; Nic White 3 conversions, 2 penalties)

Western Force 14

(Jayden Hayward, Ben McCalman tries; Sias Eberson 2 conversions)

WESTERN FORCE

WARATAHS

1. Tetera Faulkner

1. Benn Robinson

2. Nathan Charles

2. Tatafu Polota-Nau

3. Kieran Longbottom

3. Paddy Ryan

4. Sam Wykes

4. Will Skelton

5. Wilhelm Steenkamp

5. Kane Douglas

6. Angus Cottrell

6. Dave Dennis (c)

7. Matt Hodgson (c)

7. Michael Hooper

8.Ben McCalman

8. Wycliff Palu

9. Alby Mathewson

9. Nick Phipps

10. Zack Holmes

10. Bernard Foley

11. Nick Cummins

11. Peter Betham

12. Kyle Godwin

12. Kurtley Beale

13. Junior Rasolea

13. Adam Ashley-Cooper

14. Patrick Dellit

14. Alofa Alofa

15. Luke Morahan

15. Israel Folau

RESERVES:

16. Heath Tessmann

16. Tola Latuv

17. Pek Cowan

17. Jeremy Tilse

18. Oliver Hoskins

18. Sekope Kepu

19. Hugh McMeniman

19. Jacques Potgieter

20. Chris Alcock

20. Stephen Hoiles

21. Brynard Stander

21. Brendan McKibbin

22. Ian Prior

22. Rob Horne

23. Sias Ebersohn

23. Matt Carraro

WESTERN FORCE

WARATAHS

1. Tetera Faulkner

1. Scott Sio

2. Nathan Charles

2. Stephen Moore

3. Kieran Longbottom

3. Ben Alexander

4. Sam Wykes

4. Scott Fardy

5. Hugh McMeniman

5. Sam Carter

6. Chris Alcock

6. Ben Mowen (c)

7. Matt Hodgson (c)

7. David Pocock

8.Ben McCalman

8. Jarrad Butler

9. Alby Mathewson

9. Nic White

10. Zack Holmes

10. Matt Toomua

11. Nick Cummins

11. Robbie Coleman

12. Kyle Godwin

12. Pat McCabe

13. Junior Rasolea

13. Tevita Kuridrani

14. Patrick Dellit

14. Henry Speight

15. Luke Morahan

15. Jesse Mogg

RESERVES:

16. Heath Tessmann

16. Siliva Siliva

17. Pek Cowan

17. Ruan Smith

18. Oliver Hoskins

18. Ruaidhri Murphy

19. Wilhelm Steenkamp

19. Leon Power

20. Angus Cottrell

20. Lachlan McCaffrey

21. Ian Prior

21. Conrad Hoffman

22. Sias Ebersohn

22. Andrew Smith

23. Jayden Hayward

23. Lionel Cronje

RUGBYWA 2014 ANNUAL REPORT

Season Review (cont.) 2014 Super Rugby – Week 4

WESTERN FORCE

Saturday, 8 March 2014 - nib Stadium, Perth

Western Force 32

(Alby Mathewson, Luke Morahan, Matt Hodgson, Angus Cottrell tries; Sias Ebersohn 3 conversions, 2 penalties)

Melbourne Rebels 7 (Telusa Veainu conversion)

try;

Bryce

Hegarty

2014 Super Rugby – Week 5

Saturday, 15 March 2014 - Forsyth Barr Stadium, Dunedin

Western Force 31

Nathan Charles, Sias Ebersohn, Ben McCalman, Solomoni Rasolea tries; Sias Ebersohn 4 conversions, 1 penalty)

Highlanders 29

(Shaun Treeby, Malakai Fekitoa, Hayden Parker tries; Liam Sopoaga 1 conversion, 4 penalties)

RUGBYWA 2014 ANNUAL REPORT

REBELS

1. Pek Cowan

1. Max Lahiff

2. Nathan Charles

2. Pat Leafa

3. Kieran Longbottom

3. Paul Alo-Emile

4. Sam Wykes

4. Hugh Pyle

5. Wilhelm Steenkamp

5. Cadeyrn Neville

6. Angus Cottrell

6. Sean McMahon

7. Matt Hodgson (c)

7. Colby Fainga’a

8. Ben McCalman

8. Scott Higginbotham (c)

9. Alby Mathewson

9. Luke Burgess

10. Sias Ebersohn

10. Angus Robertson

11. Nick Cummins

11. Lachlan Mitchell

12. Kyle Godwin

12. Mitch Inman

13. Junior Rasolea

13. Tamati Ellison

14. Luke Morahan

14. Tom Kingston

15. Jayden Hayward

15. Jason Woodward

RESERVES:

16. Heath Tessmann

16. Shota Horie

17. Tetera Faulkner

17. Toby Smith

18. Oliver Hoskins

18. Laurie Weeks

19. Adam Coleman

19. Luke Jones

20. Brynard Stander

20. Lopeti Timani

21. Ian Prior

21. Ben Meehan

22. Zack Holmes

22. Bryce Hegarty

23. Marcel Brache

23. Telusa Veainu

WESTERN FORCE

HIGHLANDERS

1. Pek Cowan

1. Kane Hames

2. Nathan Charles

2. Liam Coltman

3. Kieran Longbottom

3. Chris King

4. Sam Wykes

4. Jarrad Hoeata

5. Wilhelm Steenkamp

5. Joe Wheeler

6. Angus Cottrell

6. John Hardie

7. Matt Hodgson (c)

7. Shane Christie

8. Ben McCalman

8. Nasi Manu (c)

9. Alby Mathewson

9. Aaron Smith

10. Sias Ebersohn

10. Liam Sopoaga

11. Nick Cummins

11. Kurt Baker

12. Kyle Godwin

12. Shaun Treeby

13. Junior Rasolea

13. Malakai Fekitoa

14. Luke Morahan

14. Richard Buckman

15. Jayden Hayward

15. Ben Smith (c)

RESERVES:

16. Heath Tessmann

16. Ged Robinson

17. Tetera Faulkner

17. Matias Diaz

18. Oliver Hoskins

18. Craig Millar

19. Adam Coleman

19. Josh Bekhuis

20. Brynard Stander

20. Elliot Dixon

21. Ian Prior

21. Fumiaki Tanaka

22. Zack Holmes

22. Hayden Parker

23. Marcel Brache

23. Phil Burleigh

2014 Super Rugby – Week 6

Saturday, 22 March 2014 - nib Stadium, Perth

Western Force 18

(Matt Hodgson 2 tries; Sias Ebersohn 1 conversion, 2 penalties)

Chiefs 15

(Aaron Cruden 4 penalties, Gareth Anscombe 1 penalty)

2014 Super Rugby – Week 8

Saturday, 5 April 2014 - Suncorp Stadium, Brisbane.

Western Force 32

(Ben McCalman, Luke Morahan, Jayden Hayward tries; Sias Ebersohn 4 penalties, 1 drop goal; Jayden Hayward 1 conversion)

Queensland Reds 29

(Ben Tapuai, James Slipper tries; Quade Cooper 2 conversions, 1 penalty; Mike Harris 4 penalties).

WESTERN FORCE

CHIEFS

1. Pek Cowan

1. Jamie Mackintosh

2. Nathan Charles

2. Mahonri Schwagler

3. Kieran Longbottom

3. Ben Tameifuna

4. Sam Wykes

4. Michael Fitzgerald

5. Wilhelm Steenkamp

5. Brodie Retallick

6. Hugh McMeniman

6. Liam Messam

7. Matt Hodgson (c)

7. Sam Cane

8. Angus Cottrell

8. Liam Squire

9. Alby Mathewson

9. Tawera Kerr-Barlow

10. Sias Ebersohn

10. Aaron Cruden (c)

11. Nick Cummins

11. Asaeli Tikoirotuma

12. Kyle Godwin

12. Tom Marshall

13. Junior Rasolea

13. Tim Nanai-Williams

14. Luke Morahan

14. Mils Muliaina

15. Jayden Hayward

15. Gareth Anscombe

RESERVES:

16. Heath Tessmann

16. Rhys Marshall

17. Tetera Faulkner

17. Pauliasi Manu

18. Oliver Hoskins

18. Josh Hohneck

19. Adam Coleman

19. Kane Thompson

20. Brynard Stander

20. Tanerau Latimer

21. Ian Prior

21. Augstine Pulu

22. Zack Holmes

22. Andrew Horrell

23. Marcel Brache

23. Anton Lienert-Brown

WESTERN FORCE

REDS

1. Pek Cowan

1. James Slipper

2. Nathan Charles

2. James Hanson

3. Kieran Longbottom

3. Greg Holmes

4. Sam Wykes

4. Rob Simmons

5. Wilhelm Steenkamp

5. James Horwill (c)

6. Angus Cottrell

6. Eddie Quirk

7. Matt Hodgson (c)

7. Beau Robinson

8. Ben McCalman

8. Jake Schatz

9. Alby Mathewson

9. Will Genia

10. Sias Ebersohn

10. Quade Cooper

11. Nick Cummins

11. Jamie-Jerry Taulagi

12. Kyle Godwin

12. Mike Harris

13. Junior Rasolea

13. Ben Tapuai

14. Luke Morahan

14. Rod Davies

15. Jayden Hayward

15. Ben Lucas

RESERVES:

16. Heath Tessmann

16. Albert Anae

17. Tetera Faulkner

17. Pettowa Paraka

18. Oliver Hoskins

18. Jono Owen

19. Adam Coleman

19. Ed O’Donoghue

20. Brynard Stander

20. Curtis Browning

21. Ian Prior

21. Nick Frisby

22. Zack Holmes

22. Anthony Fainga’a

23. Marcel Brache

23. Jonah Placid

RUGBYWA 2014 ANNUAL REPORT

Season Review (cont.) 2014 Super Rugby – Week 9

Saturday, 12 April 2014 - nib Stadium Perth

WARATAHS

1. Pek Cowan

1. Benn Robinson

2. Nathan Charles

2. Tatafu Polota

3. Kieran Longbottom

3. Sekope Kepu

4. Sam Wykes

4. Will Skelton

(Nick Cummins 3 tries; Sias Ebersohn 2 conversions, 3 penalties)

5. Wilhelm Steenkamp

5. Kane Douglas

6. Angus Cottrell

6. Jacques Potgieter

NSW Waratahs 16

7. Matt Hodgson (c)

7. Michael Hooper

8. Ben McCalman

8. Dave Dennis (c)

9. Alby Mathewson

9. Nick Phipps

10. Sias Ebersohn

10. Bernard Foley

11. Nick Cummins

11. Rob Horne

12. Kyle Godwin

12. Kurtley Beale

13. Marcel Brache

13. Adam Ashley-Cooper

14. Luke Morahan

14. Cam Crawford

15. Dane Haylett-Petty

15. Jono Lance

RESERVES:

16. Heath Tessmann

16. Tola Latu

17. Tetera Faulkner

17. Jeremy Tilse

18. Oliver Hoskins

18. Paddy Ryan

19. Adam Coleman

19. Tala Gray

20. Brynard Stander

20. Stephen Hoiles

21. Ian Prior

21. Pat McCutcheon

22. Zack Holmes

22. Brendan McKibbin

23. Chris Tuatara-Morrison

23. Matt Carraro

Western Force 28

(Kurtley Beale tries; Bernard Foley 1 conversion, 1 penalty; Kurtley Beale 2 penalties).

2014 Super Rugby – Week 10

Friday, 18 April 2014 - AAMI Park, Melbourne

Melbourne Rebels 22

(Scott Higginbotham tries; Jason Woodward 1 conversion, 5 penalties)

Western Force 16

(Nick Cummins try; Sias Ebersohn 3 penalties; Zack Holmes 1 conversion)

WESTERN FORCE

RUGBYWA 2014 ANNUAL REPORT

WESTERN FORCE

REBELS

1. Pek Cowan

1. Toby Smith

2. Nathan Charles

2. Shota Horie

3. Kieran Longbottom

3. Laurie Weeks

4. Adam Coleman

4. Cadeyrn Neville

5. Wilhelm Steenkamp

5. Luke Jones

6. Angus Cottrell

6. Colby Fainga’a

7. Matt Hodgson (c)

7. Scott Fuglistaller

8.Ben McCalman

8. Scott Higginbotham (c)

9. Ian Prior

9. Nic Stirzaker

10. Sias Ebersohn

10. Bryce Hegarty

11. Nick Cummins

11. Tom English

12. Kyle Godwin

12. Mitch Inman

13. Marcel Brache

13. Tamati Ellison

14. Patrick Dellit

14. Male Sau

15. Dane Haylett-Petty

15. Jason Woodward

RESERVES:

16. Heath Tessmann

16. Pat Leafa

17. Tetera Faulkner

17. Cruze Ah-Nau

18. Oliver Hoskins

18. Paul Alo-Emile

19. Phoenix Battye

19. Hugh Pyle

20. Brynard Stander

20. Sean McMahon

21. Justin Turner

21. Luke Burgess

22. Zack Holmes

22. Tom Kingston

23. Chris Tuatara-Morrison

23. Angus Roberts

2014 Super Rugby – Week 11

Saturday, 26 April 2014 - nib Stadium Perth

Western Force 15

(Sias Ebersohn 5 penalties)

Bulls 9

(Jacques-Louis Potgieter 2 penalty goals, Handré Pollard 1 penalty)

2014 Super Rugby – Week 13

Saturday, 10 May 2014 at Free State Stadium, Bloemfontein.

Western Force 23

(Jayden Hayward, Nick Cummins tries; Sias Ebersohn 2 conversions, 3 penalties)

Cheetahs 16

(Boom Prinsloo try; Johan Goosen conversion, 3 penalties)

WESTERN FORCE

BULLS

1. Pek Cowan

1. Dean Greyling

2. Nathan Charles

2. Bongi Mbonambi

3. Kieran Longbottom

3. Werner Kruger

4. Sam Wykes

4. Paul Willemse

5. Adam Coleman

5. Victor Matfield (c)

6. Angus Cottrell

6. Jono Ross

7. Matt Hodgson (c)

7. Jacques du Plessis

8. Ben McCalman

8. Grant Hattingh

9. Ian Prior

9. Francois Hougaard

10. Sias Ebersohn

10. Jacques-Louis Potgieter

11. Nick Cummins

11. Bjorn Basson

12. Kyle Godwin

12. Jan Serfontein

13. Marcel Brache

13. JJ Englebrecht

14. Dane Haylett-Petty

14. Akona Ndungane

15. Jayden Hayward

15. Jurgen Visser

RESERVES:

16. Heath Tessmann

16. Bandise Maku

17. Tetera Faulkner

17. Marcel van der Merwe

18. Oliver Hoskins

18. Jacques Engelbrecht

19. Wilhelm Steenkamp

19. Willem van der Walt

20. Brynard Stander

20. Rudy Paige

21. Justin Turner

21. Handré Pollard

22. Zack Holmes

22. Ulrich Beyers

23. Chris Tuatara-Morrison

23. Morné Mellett

WESTERN FORCE

CHEETAHS

1. Pek Cowan

1. Caylib Oosthuizen

2. Nathan Charles

2. Adriaan Strauss (c)

3. Kieran Longbottom

3. Coenie Oosthuizen

4. Adam Coleman

4. Andries Ferreira

5. Sam Wykes

5. Francois Uys

6. Angus Cottrell

6. Heinrich Brssow

7. Matt Hodgson (c)

7. Teboho Mohoje

8. Ben McCalman

8. Boom Prinsloo

9. Ian Prior

9. Sarel Pretorius

10. Sias Ebersohn

10. Johan Goosen

11. Nick Cummins

11. Willie le Roux

12. Kyle Godwin

12. Rayno Benjamin

13. Marcel Brache

13. Johann Sadie

14. Dane Haylett-Petty

14. Raymond Rhule

15. Jayden Hayward

15. Hennie Daniller

RESERVES:

16. Heath Tessman

16. Torsten van Jaarsveld

17. Tetera Faulkner

17. Trevor Nyakane

18. Oliver Hoskins

18. Maks van Dyk

19. Wilhelm Steenkamp

19. Carel Greef

20. Brynard Stander

20. Waltie Vermeulen

21. Justin Turner

21. Shaun Venter

22. Zack Holmes

22. Elgar Watts

23. Chris Tuatara-Morrison

23. Cornal Hendricks

RUGBYWA 2014 ANNUAL REPORT

Season Review (cont.) 2014 Super Rugby – Week 14

Saturday, 17 April 2014 - DHL Newlands, Cape Town.

Stormers 24

(Juan de Jongh, Ruan Botha tries, Penalty Try; Peter Grant 3 conversions, 1 penalty)

Western Force 8

(Matt Hodgson try; Sias Ebersohn 1 penalty)

2014 Super Rugby – Week 15

Saturday, 24 May 2014 - nib Stadium, Perth

Western Force 29

(Matt Hodgson 2; Jayden Hayward, Chris Tuatara-Morrison tries; Jayden Hayward 2 conversions, Sias Ebersohn conversion,

Lions 19

(Elton Jantjies try; Marnitz Boshoff conversion, 3 penalties)

RUGBYWA 2014 ANNUAL REPORT

WESTERN FORCE

STORMERS

1. Pek Cowan

1. Brock Harris

2. Nathan Charles

2. Deon Fourie

3. Kieran Longbottom

3. Pat Cilliers

4. Sam Wykes

4. Michael Rhodes

5. Adam Coleman

5. Ruan Botha

6. Angus Cottrell

6. Nizaam Carr

7. Matt Hodgson (c)

7. Siya Kolisi

8. Ben McCalman

8. Duane Vermeulen (c)

9. Ian Prior

9. Nic Groom

10. Sias Ebersohn

10. Peter Grant

11. Nick Cummins

11. Cheslin Kolbe

12. Luke Burton

12. Damian de Allende

13. Chris Tuatara-Morrison

13. Juan de Jongh

14. Marcel Brache

14. Kobus van Wyk

15. Jayden Hayward

15. Jaco Taute

RESERVES:

16. Heath Tessmann

16. Stephen Coetzee

17. Tetera Faulkner

17. Alistair Vermaak

18. Oliver Hoskins

18. Martin Dreyer

19. Wilhelm Steenkamp

19. Jean Kleyn

20. Brynard Stander

20. Steven Kitshoff

21. Justin Turner

21. Dylon Frylinck

22. Zack Holmes

22. Kurt Coleman

WESTERN FORCE

LIONS

1. Pek Cowan

1. Corne Fourie

2. Nathan Charles

2. Armand van der Merwe

3. Kieran Longbottom

3. Ruan Dreyer

4. Sam Wykes

4. Rudi Mathee

5. Wilhelm Steenkamp

5. Franco Mostert

6. Angus Cottrell

6. Jaco Kriel

7. Matt Hodgson (c)

7. Warwick Tecklenburg

8. Ben McCalman

8. Warren Whitely (c)

9. Ian Prior

9. Ross Cronje

10. Sias Ebersohn

10. Marnitz Boshoff

11. Nick Cummins

11. Antony Volmink

12. Luke Burton

12. Alwyn Hollenbach

13. Chris Tuatara-Morrison

13. Deon Rensburg

14. Dane Haylett-Petty

14. JW Jonker

15. Jayden Hayward

15. Coenie van Wyk

RESERVES:

16. Heath Tessmann

16. Robbie Coetzee

17. Francois van Wyk

17. Jacques van Rooyen

18. Oliver Hoskins

18. Julian Redelinghuys

19. Adam Coleman

19. Willie Britz

20. Brynard Stander

20. Stephan de Wit

21. Justin Turner

21. Faf de Klerk

22. Zack Holmes

22. Elton Jantjies

23. Patrick Dellit

23. Stefan Watermeyer

2014 Super Rugby – Week 16

Friday, 30 May 2014 - AMI Stadium Christchurch.

Crusaders 30

(Johnny McNicholl try; 2 penalty tries; Colin Slade 3 conversions, 3 penalties)

Western Force 7 (Dane Haylett-Petty conversion)

try;

Sias

Ebersohn

2014 Super Rugby – Week 17

Saturday, 28 June 2014 - nib Stadium Perth

Blues 40

(Ihaia West, Charlie Faumina, Lolagi Visinia, Ma’a Nonu, Luke Braid, Pita Ahki tries; Ihaia West 6 conversions)

Western Force 14

(Nathan Charles, Brynard Stander tries; Jayden Hayward 2 conversions)

WESTERN FORCE

CRUSADERS

1. Pek Cowan

1. Tim Perry

2. Nathan Charles

2. Ben Funnell

3. Kieran Longbottom

3. Nepo Laulala

4. Sam Wykes

4. Dominic Bird

5. Wilhelm Steenkamp

5. Samuel Whitelock

6. Brynard Stander

6. Jordan Taufua

7. Matt Hodgson (c)

7. Richie McCaw

8. Angus Cottrell

8. Kieran Read (c)

9. Ian Prior

9. Andy Ellis

10. Sias Ebersohn

10. Collin Slade

11. Nick Cummins

11. Nemani Nadolo

12. Chris Tuatara-Morrison

12. Ryan Crotty

13. Patrick Dellit

13. Tom Taylor

14. Dane Haylett-Petty

14. Johnny McNicholl

15. Jayden Hayward

15. Israel Dagg

RESERVES:

16. Heath Tessmann

16. Corey Flynn

17. Francois van Wyk

17. Wyatt Crockett

18. Oliver Hoskins

18. Owen Franks

19. Adam Coleman

19. Jimmy Tupou

20. Ryan Hodgson

20. Luke Whitelock

21. Justin Turner

21. Willi Heinz

22. Zack Holmes

22. Adam Whitelock

23. Dillyn Leyds

23. Nafi Tuitavake

WESTERN FORCE

BLUES

1. Pek Cowan

1. Tony Woodcock

2. Nathan Charles

2. Keven Mealamu

3. Kieran Longbottom

3. Charlie Faumuina

4. Sam Wykes

4. Tom Donnelly

5. Adam Coleman

5. Patrick Tuipulotu

6. Hugh McMeniman

6. Steven Luatua

7. Matt Hodgson (c)

7. Luke Braid

8. Ben McCalman

8. Jerome Kaino

9. Alby Mathewson

9. Bryn Hall

10. Sias Ebersohn

10. Ihaia West

11. Junior Rasolea

11. George Moala

12. Chris Tuatara-Morrison

12. Ma’a Nonu

13. Marcel Brache

13. Pita Ahki

14. Dane Haylett-Petty

14. Frank Halai

15. Jayden Hayward

15. Lolagi Visinia

RESERVES:

16. Heath Tessmann

16. James Parsons

17. Tetera Faulkner

17. Angus Ta’avao

18. Oliver Hoskins

18. Ofa Tu’ngafasi

19. Wilhelm Steenkamp

19. Hayden Triggs

20. Brynard Stander

20. Peter Saili

21. Ian Prior

21. Piri Weepu

22. Zack Holmes

22. Francis Saili

23. Dillyn Leyds

23. Tevita Li

RUGBYWA 2014 ANNUAL REPORT

Season Review (cont.) 2014 Super Rugby – Week 18

Saturday, 5 July 2014 - nib Stadium, Perth

Western Force 30

(Nick Cummins, Ben McCalman, Nathan Charles tries; Jayden Hayward 3 conversions, 3 penalties)

Reds 20

(Samu Kerevi, Albert Anae tries; Mike Harris 2 conversions, 3 penalties)

2014 Super Rugby – Week 19

Friday, 11 July 2014 - GIO Stadium, Canberra

Brumbies 47

(Matt Toomua 3, Henry Speight, Jesse Mogg, Tom McVerry, Joe Tomane tries; Christian Leali’ifano 3 conversions, 2 penalties)

Western Force 25

(Pek Cowan, Zack Holmes, Chris TuataraMorrison tries; Jayden Hayward conversion, 2 penalties, Sias Ebersohn conversion)

RUGBYWA 2014 ANNUAL REPORT

WESTERN FORCE

REDS

1. Pek Cowan

1. Ben Daley

2. Nathan Charles

2. James Hanson

3. Kieran Longbottom

3. James Slipper

4. Sam Wykes

4. Rob Simmons

5. Wilhelm Steenkamp

5. James Horwill (c)

6. Hugh McMeniman

6. Curtis Browning

7. Matt Hodgson (c)

7. Beau Robinson

8. Ben McCalman

8. Jake Schatz

9. Ian Prior

9. Nick Frisby

10. Zack Holmes

10. Ben Lucas

11. Nick Cummins

11. Lachie Turner

12. Chris Tuatara-Morrison

12. Ben Tapuai

13. Marcel Brache

13. Samu Kerevi

14. Dane Haylett-Petty

14. Rod Daviesv

15. Jayden Hayward

15. Mike Harris

RESERVES:

16. Heath Tessmann

16. Saia Fainga’a

17. Tetera Faulkner

17. Albert Anae

18. Oliver Hoskins

18. Sef Faagase

19. Adam Coleman

19. Dave McDuling

20. Brynard Stander

20. Tim Buchanan

21. Justin Turner

21. Scott Gale

22. Dillyn Leyds

22. Sam Johnson

23. Junior Rasolea

23. Jamie-Jerry Taulagi

WESTERN FORCE

BRUMBIES

1. Pek Cowan

1. Scott Sio

2. Nathan Charles

2. Josh Mann-Rea

3. Kieran Longbottom

3. Ben Alexander

4. Sam Wykes

4. Sam Carter

5. Wilhelm Steenkamp

5. Leon Power

6. Brynard Stander

6. Scott Fardy

7. Matt Hodgson (c)

7. Jarrad Butler

8. Ben McCalman

8. Ben Mowen (c)

9. Ian Prior

9. Nic White

10. Zack Holmes

10. Matt Toomua

11. Nick Cummins

11. Clyde Rathbone

12. Chris Tuatara-Morrison

12. Christian Leali’ifano

13. Junior Rasolea

13. Tevita Kuridrani

14. Dane Haylett-Petty

14. Henry Speight

15. Jayden Hayward

15. Jesse Mogg

RESERVES:

16. Heath Tessmann

16. Ruaidhri Murphy

17. Tetera Faulkner

17. Ruan Smith

18. Oliver Hoskins

18. JP Smith

19. Adam Coleman

19. Fotu Auelua

20. Chris Alcock

20. Tom McVerry

21. Alby Mathewson

21. Michael Dowsett

22. Sias Ebersohn

22. Joe Tomane

23. Luke Burton

23. Pat McCabe

Perth Spirit Season Report The Buildcorp National Rugby Championship (NRC) enjoyed its inaugural season in 2014 with the Perth Spirit competing as one of nine Australian teams in the provincial competition.

RugbyWA Junior Elite Coach, Dwayne Nestor and Elwee Prinsloo, who had previously coached WA Under 16, Schoolboys, Under 19, Under 20, Perth Gold and Force A, were appointed assistant coaches for the side.

Charged with growing player base available in Western Australia, the Perth Spirit used a combination of players from the Western Force and club players from the Pindan Premier Grade competition, with the Spirit finishing the regular season inside the top four with three wins from eight matches.

Perth Spirit home matches provided an opportunity to bring a higher level of rugby to our fans across Perth with the matches played at local clubs UWA (McGillivray Oval), Joondalup Brothers (Arena Joondalup) and Rockingham (Lark Hill Sports Complex). Thanks must go to these clubs in helping deliver a professional event for our supporters.

An emphatic 45-29 semi-final victory over the undefeated Melbourne Rising in Melbourne saw the side qualify for the final in Brisbane, before going down 37-26 to Brisbane City at Ballymore.

A 2,300 strong crowd ‘filled the hill’ at McGillivray against Brisbane City, while 1,445 were in attendance at Arena Joondalup and 912 at Lark Hill against the Sydney Stars and Queensland Country respectively.

Throughout the competition, 42 players wore the black and gold jersey with 19 of those solely from our local club competition. Nine clubs were represented, a step forward in providing another pathway between local club representation and Super Rugby.

The Perth Spirit would not have been able to run without the wonderful support of our partners Property Club, AFEX, Retravision, CD Dodd and Pindan. We would like to thank them for their support in helping us grow the rugby talent in Western Australia.

The opportunity for local players will also benefit their clubs as the players bring the knowledge and experiences gained back into their training and games which will assist in lifting the standard of the Pindan Premier Grade competition.

Thanks must also go to the local Pindan Premier Grade clubs for their support of the programme and for providing players to the Spirit.

The competition also rewarded six players with full-time opportunities: Ross Haylett-Petty (Cottesloe) and Brad Lacey (Wests Scarborough) were signed to Extended Playing Squad contracts with the Western Force; Associates centre Ammon Matuauto joined the Force’s Wider Training Group; and Richard Hardwick (UWA), Kane Koteka (Wests Scarborough) and Harry Scoble (UWA) were the inaugural recipients of the Future Force full-time academy.

Andrew Hill General Manager, Perth Spirit

The Perth Spirit operated as an extension of the Western Force program, providing an opportunity for club players to be involved with the professional program, while allowing the Asteron Life Super Rugby-contracted players to continue their preparations for the season ahead at a time when previously there were limited rugby opportunities. The flow-on effect saw the Western Force contracted players return after their break and meet their markers of power, strength and fitness at beginning of the 2015 Asteron Life Super Rugby pre-season so they could immediately begin a rugby focus. The competition also provided another opportunity for Western Force players to push for higher honours, with Kyle Godwin and Tetera Faulkner both earning a call-up to the Wallabies after representing the Perth Spirit. The Perth Spirit also provided development opportunities for Western Force Senior Assistant Coach, David Wessels and Backs/Attack Coach, Kevin Foote to share the head coaching responsibilities for the team.

RUGBYWA 2014 ANNUAL REPORT

Season Review 2014 Buildcorp National Rugby Championship Week 1 Saturday, 23rd August 14 - Viking Park, Canberra

PERTH SPIRIT 1. Alec Hepburn 2. Heath Tessmann 3. Oliver Hoskins

Perth Spirit 28

(Zack Holmes, Dillyn Leyds, Heath Tessmann, Ammon Matuauto tries; Zack Holmes conversion, Luke Burton conversion, penalty)

Canberra Vikings 23

(Robbie Coleman 2; Isaac Thompson, Nigel Ah Wong tries; Christian Lealiifano conversion)

4. Rory Walton 5. Brent Murphy 6. Corey Thomas 7. Kane Koteka 8. Alex Rovira 9. Justin Turner 10. Zack Holmes 11. Nili Fielea 12. Luke Burton 13. Ammon Matuauto 14. Va’a Mailei 15. Dillyn Leyds RESERVES 16. Harry Scoble 17. Joe Savage 18. Chris Heiberg 19. Kieran Stringer 20. Richard Hardwick 21. Michael Ruru 22. Davis Tavita 23. Daley Harper

2014 Buildcorp National Rugby Championship Week 2 Sunday, 31st August 14 - McGillvray Oval, Perth

PERTH SPIRIT 1. Pek Cowan 2. Heath Tessmann 3. Tetera Faulkner 4. Sam Wykes

Brisbane City 26

(Pettowa Paraka 2; Chris Kuridrani, Junior Laloifi tries; Jake McIntyre 2 conversions)

Perth Spirit 21

(Dillyn Leyds 2; Heath Tessmann tries; Dillyn Leyds 2 conversions)

5. Rory Walton 6. Brynard Stander 7. Matt Hodgson 8. Ross Haylett-Petty 9. Justin Turner 10. Dillyn Leyds 11. Marcel Brache 12. Kyle Godwin 13. Junior Rasolea 14. Luke Morahan 15. Dane Haylett-Petty RESERVES: 16. Robbie Abel 17. Joe Savage 18. Oliver Hoskins 19. Corey Thomas 20. Richard Hardwick 21. Ian Prior 22. Zack Holmes 23. Va’a Mailei

RUGBYWA 2014 ANNUAL REPORT

CANBERRA VIKINGS 1. JP Smith 2. Mitch Wade 3. Ruan Smith 4. Tom Staniforth 5. Tim Cree 6. Jordan Smiler 7. Jarrad Butler 8. Fotu Auelua (c) 9. Michael Dowsett 10. Isaac Thompson 11. Robbie Coleman 12. Christian Lealiifano 13. Nigel Ah Wong 14. Jerome Nuimata 15. Jesse Mogg RESERVES 16. Seilala Lam 17. Allan Alaalatoa 18. Les Makin 19. Dave McKern 20. Sean Doyle 21. Edan Campbell-O’Brien 22. Jake Rakic 23. Brendon Taueki

BRISBANE CITY 1. Pettowa Paraka 2. Andrew Ready 3. Phil Kite 4. Marco Kotze 5. James Horwill 6. Dave McDuling 7. Michael Gunn 8. Tim Buchanan 9. Nick Frisby 10. Jake McIntyre 11. Harry Parker 12. Rex Tapuai 13. Samu Kerevi 14. Chris Kuridrani 15. Matthew Feaunati RESERVES 16. David Feao, 17. Matt Mafi 18. Sam Talakai 19. Brad Wilkin 20. Adam Korczyk 21. Jack Mullins 22. James Dalgleish 23. Toby White

2014 Buildcorp National Rugby Championship Week 3

Saturday, 6 September - Adelaide Airport Stadium, Adelaide

Greater Sydney Rams 44

(Taqele Naiyarvaro 3; Jed Holloway, Jerome McKenzie, Steve Mafi tries; Ben Volavola 4 conversions, penalty goal)

Perth Spirit 34

(Alec Hepburn, Zack Holmes, Dillyn Leyds, Harry Scoble, Va’a Mailei tries; Ian Prior 3 conversions)

PERTH SPIRIT 1. Alec Hepburn 2. Robbie Abel 3. Oliver Hoskins 4. Corey Thomas 5. Kieran Stringer 6. Brent Murphy 7. Kane Koteka 8. Alex Rovira 9. Ian Prior 10. Zack Holmes 11. Nili Fielea 12. Luke Burton 13. Ammon Matuauto 14. Brad Lacey 15. Dillyn Leyds RESERVES: 16. Harry Scoble 17. Joe Savage 18. Chris Heiberg 19. Rory Walton 20. Richard Hardwick 21. Justin Turner 22. Davis Tavita 23. Va’a Mailei

2014 Buildcorp National Rugby Championship Week 4 Thursday, 11 September 2014 - AAMI Park, Melbourne

Melbourne Rising 44

(Lopeti Timani 2, Telusa Veaini 2; Cadeyrn Neville, Luke Burgess, Joe Kamana tries; Jack Debreczeni 2 conversions, Telusa Veainu conversion)

Perth Spirit 24

(Alex Rovira, Zack Holmes, Brad Lacey tries; Zack Holmes 2 conversions, Luke Burton conversion)

PERTH SPIRIT 1. Joe Savage 2. Harry Scoble 3. Chris Heiberg 4. Rory Walton 5. Brent Murphy 6. Brynard Stander 7. Richard Hardwick 8. Alex Rovira 9. Ian Prior 10. Dillyn Leyds 11. Nili Fielea 12. Luke Burton 13. Ammon Matuauto 14. Brad Lacey 15. Zack Holmes RESERVES: 16. Kieran Stringer 17. Alec Hepburn 18. Oliver Hoskins 19. Corey Thomas 20. Kane Koteka 21. Michael Ruru 22. Davis Tavita 23. Va’a Mailei

GREATER SYDNEY RAMS 1. Benn Robinson 2. Hugh Roach 3. Guy Millar 4. Jared Barry 5. Dylan Sigg 6. Steve Mafi 7. Hugh Perrett 8. Jed Holloway (c) 9. Mark Swanepoel 10. Ben Volavola 11. Taqele Naiyarvaro 12. Henry Taefu 13. Michael McDougall 14. Jerome McKenzie 15. Dane Chisolm RESERVES 16. Maile Ngauamo 17. Jed Gillespie 18. Dave Lolohea 19. Michale Kovavcic 20. Pat Sio 21. Vasa Falaelii 22. Jai Ayoub 23. Lalakai Foketi

MELBOURNE RISING 1. Toby Smith 2. Pat Leafa 3. Paul Alo-Emile 4. Sam Jeffries 5. Cadeyrn Neville 6. Luke Jones 7. Sean McMahon 8. Lopeti Timani 9. Nic Stirzaker 10. Jack Debreczeni 11. Joe Kamana 12. Mitch Inman 13. Sefanaia Naivalu 14. Telusa Veainu 15. Jonah Placid RESERVES 16. Tom Sexton 17. Tuiatua Tuia 18. Cruze Ah-Nau 19. Pom Simona 20. Sione Taufa 21. Luke Burgess 22. Lloyd Johansson 23. Tom English

RUGBYWA 2014 ANNUAL REPORT

Season Review (cont.) 2014 Buildcorp National Rugby Championship Week 5 Saturday, 20 September at Brookvale Oval, Sydney

PERTH SPIRIT 1. Joe Savage 2. Robbie Abel 3. Oliver Hoskins

North Harbour Rays 32

(Sam Ward 3, Harry Bergelin tries; Hamish Angus 4 conversions)

Perth Spirit 29

(Ammon Matuauto 2, Zack Holmes, Dillyn Leyds tries; Zack Holmes 3 conversions)

4. Corey Thomas 5. Brent Murphy 6. Richard Hardwick 7. Kane Koteka 8. Alex Rovira 9. Justin Turner 10. Zack Holmes 11. Vaâ&#x20AC;&#x2122;a Mailei 12. Luke Burton 13. Ammon Matuauto 14. Brad Lacey 15. Dillyn Leyds RESERVES: 16. Harry Scoble 17. Alec Hepburn 18. Kaiser Reidy 19. Scott Stevens 20. Ross Haylett-Petty 21. Nili Fielea 22. Michael Ruru 23. Davis Tavita

2014 Buildcorp National Rugby Championship Week 6 Sunday, 28 September - HBF Arena, Joondalup

Perth Spirit 63

(Robbie Abel 2, Junior Rasolea 2, Kyle Godwin, Ross Haylett-Petty, Ian Prior, Luke Morahan, Marcel Brache tries; Ian Prior 6 conversions)

Sydney Stars 21

(Laurie Weeks, Andrew Leota, Paddy Ryan tries; Jack Macklin 2 conversions)

PERTH SPIRIT 1. Joe Savage 2. Robbie Abel 3. Tetera Faulkner 4. Sam Wykes 5. Brent Murphy 6. Brynard Stander 7. Richard Hardwick 8. Ross Haylett-Petty 9. Ian Prior 10. Zack Holmes 11. Marcel Brache 12. Kyle Godwin 13. Junior Rasolea 14. Luke Morahan 15. Dane Haylett-Petty RESERVES 16. Harry Scoble 17. Chris Heiberg 18. Oliver Hoskins 19. Kieran Stringer 20. Kane Koteka 21. Alex Rovira 22. Justin Turner 23. Dillyn Leyds

RUGBYWA 2014 ANNUAL REPORT

NORTH HARBOUR RAYS 1. Toby Smith 2. Pat Leafa 3. Paul Alo-Emile 4. Sam Jeffries 5. Cadeyrn Neville 6. Luke Jones 7. Sean McMahon 8. Lopeti Timani 9. Nic Stirzaker 10. Jack Debreczeni 11. Joe Kamana 12. Mitch Inman 13. Sefanaia Naivalu 14. Telusa Veainu 15. Jonah Placid RESERVES 16. Tom Sexton 17. Tuiatua Tuia 18. Cruze Ah-Nau 19. Pom Simona 20. Sione Taufa 21. Luke Burgess 22. Lloyd Johansson 23. Tom English

SYDNEY STARS 1. Paddy Ryan 2. James Willan 3. Laurie Weeks 4. Andrew Leota 5. Will Skelton 6. Hugo Dessens 7. Patrick McCutcheon (c) 8. Sam Quinn 9. Jake Gordon 10. Stuart Dunbar 11. Jono Sullivan 12. Jim Stewart 13. Michael Hodges 14. James Dargaville 15. Jack Macklin RESERVES 16. Tom Coolican 17. Tom Robertson 18. Jeremy Tilse 19. Matthew Philip 20. Mitchell Whitely 21. Jock Merriman 22. Angus Roberts 23. Johnny Loseli

2014 Buildcorp National Rugby Championship Week 7 Saturday, 4 October - Lark Hill Sportsplex, Rockingham

Perth Spirit 68

(Kane Koteka 3, Robbie Abel 2, Brynard Stander, Christian Joubert, Luke Morahan, Joe Savage, Va’a Mailei tries; Zack Holmes 4, Ian Prior conversions)

Queensland Country 29

(Jack de Guingand 3, Blake Enever tries; Matt Brandon 3 conversions)

PERTH SPIRIT 1. Joe Savage 2. Robbie Abel 3. Tetera Faulkner 4. Sam Wykes 5. Brent Murphy 6. Brynard Stander 7. Kane Koteka 8. Alex Rovira 9. Ian Prior 10. Zack Holmes 11. Christian Joubert 12. Luke Burton 13. Kyle Godwin 14. Luke Morahan 15. Dane Haylett-Petty RESERVES 16. Harry Scoble 17. Chris Heiberg 18. Oliver Hoskins 19. Scott Stevens 20. Richard Hardwick 21. Justin Turner 22. Davis Tavita 23. Va’a Mailei

2014 Buildcorp National Rugby Championship Week 9 Saturday, 18 October - Caltex Park, Dubbo

NSW Country Eagles 40

(Michael Ruru 2, Chris Heiberg, Va’a Mailei, Robbie Abel tries; Zack Holmes 2 Luke Burton conversions)

Perth Spirit 34

(Michael Ruru 2, Chris Heiberg, Va’a Mailei, Robbie Abel tries; Zack Holmes 2 Luke Burton conversions)

PERTH SPIRIT 1. Joe Savage 2. Robbie Abel 3. Chris Heiberg 4. Corey Thomas 5. Brent Murphy 6. Richard Hardwick 7. Kane Koteka 8. Alex Rovira 9. Justin Turner 10. Zack Holmes 11. Koiatu Koiatu 12. Luke Burton 13. Ammon Matuauto 14. Va’a Mailei 15. Christian Joubert RESERVES 16. Harry Scoble 17. Oliver Hoskins 18. Kaisa Reidy 19. Kieran Stringer 20. Cian O’Connor 21. Michael Ruru 22. Davis Tavita 23. Nili Fielea

QUEENSLAND COUNTRY 1. Haydn Hirsimaki 2. Ryan Freney 3. Campbell Wakely 4. Rubin Fuimaono 5. Blake Enever 6. Mitch King 7. Jack de Guingand 8. Ben Adams 9. Sam Grasso 10. Matt Brandon 11. Giles Beveridge 12. Sam Johnson 13. Campbell Magnay 14. Tom Pincus 15. Jamie-Jerry Taulagi RESERVES 16. Michael Parker 17. Feao Fotuaika 18. Andrew Parker 19. Sam Fattal 20. James Turner 21. James Tuttle 22. Herman Porter 23. Pierce Fitzgerald

NSW COUNTRY EAGLES 1. Duncan Chubb 2. Bill Johnston 3. Jake Illnicki 4. Ben Matwijow 5. Richard Stanford 6. Tala Gray 7. Will Miller 8. Stephen Hoiles 9. Brendan McKibbin 10. Sam Windsor 11. Andrew Kellaway 12. Apukuki Maufu 13. Samu Wara 14. Joel Brooks 15. Darcy Etrich RESERVES 16. Michael Alaalatoa 17. Ben Suisala 18. Will Weeks 19. Cam Treloar 20. Mick Snowden 21. Pauli Tuala 22. Eli Sinoti 23. Malakai Watene-Zelezniak

RUGBYWA 2014 ANNUAL REPORT

Season Review (cont.) 2014 Buildcorp National Rugby Championship Week 10 – Semi Final Saturday, 25 October - AAMI Park Melbourne

Perth Spirit 45

(Marcel Brache 2, Ammon Matuauto 2, Oliver Hoskins, Sam Wykes tries; Zack Holmes 5 conversions)

Melbourne Rising 29

(Mitch Inman, Jonah Placid, Sefanaia Naivalu, Jack Debreczeni tries; Jack Debreczeni 3 conversions)

PERTH SPIRIT 1. Pek Cowan 2. Robbie Abel 3. Oliver Hoskins 4. Sam Wykes (c) 5. Brent Murphy 6. Brynard Stander 7. Kane Koteka 8. Al Rovira 9. Ian Prior 10. Zack Holmes 11. Marcel Brache 12. Solomoni Rasolea 13. Ammon Matuauto 14. Luke Morahan 15. Dane Haylett-Petty RESERVES 16. Harry Scoble 17. Joe Savage 18. Chris Heiberg 19. Kieran Stringer 20. Richard Hardwick 21. Justin Turner 22. Davis Tavita 23. Christian Joubert

2014 Buildcorp National Rugby Championship Week 11 – Final

Saturday, 1 November 2014 - Ballymore Stadium, Brisbane

PERTH SPIRIT 1. Pek Cowan 2. Robbie Abel 3. Oliver Hoskins

Brisbane City 37

4. Sam Wykes (c)

(Pettowa Paraka 2; Liam Gill, Junior Laloifi, Penalty tries; Jake McIntyre 4 conversions)

5. Brent Murphy

Perth Spirit 26

7. Kane Koteka

(Junior Rasolea, Dane Haylett-Petty, Robbie Abel, Davis Tavita tries; Zack Holmes 2 conversions)

6. Brynard Stander 8. Alex Rovira 9. Ian Prior 10. Zack Holmes 11. Marcel Brache 12. Ammon Matuauto 13. Solomoni Rasolea 14. Luke Morahan 15. Dane Haylett-Petty RESERVES 16. Harry Scoble 17. Joe Savage 18. Chris Heiberg 19. Kieran Stringer 20. Richard Hardwick 21. Justin Turner 22. Davis Tavita 23. Christian Joubert

RUGBYWA 2014 ANNUAL REPORT

MELBOURNE RISING 1. Toby Smith 2. Pat Leafa 3. Paul Alo-Emile 4. Sam Jeffries 5. Cadeyrn Neville 6. OJ Noa 7. Sione Taufa 8. Lopeti Timani 9. Nic Stirzaker 10. Jack Debreczeni 11. Joe Kamana 12. Mitch Inman 13. Sefanaia Naivalu 14. Rennie Lautolo-Molimau 15. Jonah Placid RESERVES 16. Tome Sexton 17. Fereti Sa’aga 18. Cruze Ah-Nau 19. Pom Simona 20. Angus Hamilton 21. Luke Burgess 22. Lloyd Johansson 23. Martin Naufahu

BRISBANE CITY 1. Pettowa Paraka 2. Andrew Ready 3. Sef Faagase 4. Marco Kotze 5. Dave McDuling (c) 6. Curtis Browning 7. Liam Gill 8. Jake Schatz 9. Nick Frisby 10. Jake McIntyre 11. Matt Feaunati 12. Jack Mullins 13. Toby White 14. Chris Kuridrani 15. Brando Va’aulu RESERVES 16. Matt Mafi 17. David Feao 18. Phil Kite 19. Tim Buchanan 20. Adam Korczyk 21. Will Thompson 22. James Dalgleish 23. Junior Laloifi

Community Rugby Report The 2014 Community Rugby season once again showed the incredible commitment from the many volunteers from across all age groups and competitions. From coaches to referees, committee members to the people cooking the BBQ, year on year it is our clubs and volunteers who make the game great and I would like to acknowledge the work you have all put in. 2014 continued the trend of growth in Junior player participation, however the Senior numbers fell. Sevens participation has also seen participation numbers rise on the back of the increased opportunities for Sevens Rugby. The work of the Development Officers has changed in focus to delivering five session programs at schools and this will continue to evolve into 2015 as more meaningful visits are targeted to drive participation into school and club competitions. The efforts from our clubs, schools and Sevens events have seen our participation figures continue to rise with 19,557 involved in ‘competition and non-competition rugby’ experiences and a further 27,214 in ‘promotional and occasional rugby’ experiences. The RugbyWA Juniors Executive have been behind the scenes working tirelessly to ensure that junior rugby continues to thrive and this year has seen an increase of 18 teams (7%) to have 246 teams competing in the metro competition. A South West Junior Rugby Committee was established at the start of the season which saw the South West Counties sides in the Under 15s and 17s travel to compete in the metro competition - a great achievement - and the South West and Eastern Goldfields junior competitions continued to keep a solid footprint in these regions. The standout performers at the end of the season were Wanneroo, competing in six out of 10 grand finals and winning five premierships. The 2014 Senior Rugby competition presented a number of challenges with Rockingham withdrawing from the Pindan Premier Grade Competition just prior to the season kicking off, the National Rugby Championship (NRC) forcing an early start to the season, a number of external factors and the introduction of a new competition structure. These challenges resulted in a reduction in the number of registered players. The new structure saw the Premier and Championship clubs mixed together in Championship A, B and C Grades (third, fourth and fifth grade). This change was challenging for the Premier clubs, and well received by the Championship clubs and following consultation with the clubs we will implement an improved version for the 2015 season. With the competition start dates moving into March and the shortening of the finals series to a two-week format to accommodate the NRC, the finals series highlighted just how close the top teams in the Pindan Premier Grade were with all finals matches on a knife edge until the final whistle. Fourth-placed Cottesloe and third-placed UWA moved through to the Grand Final, accounting for top-ofthe-table Nedlands and second-placed Wests Scarborough

on the way. The grand final was one of the most physical in recent years and UWA jumped to a strong halftime lead before Cottesloe fought back throughout the second half. It was ultimately too late for the Gulls with UWA running out 16-13 victors in a thrilling grand final. In the Women’s competition, Wanneroo was the clear favourite after losing only one game throughout the regular season and they continued their dominance in the grand final with a 37 – 0 victory over a committed Kalamunda side. The future of the Metro competition – the Goodlife Health Clubs U19s – pitted the top two sides from the regular season, Palmyra and Nedlands against each other and the match didn’t disappoint with some great running rugby on display. Nedlands’ comeback was too late and Palmyra held on for a 25-23 victory. The high quality of this match was great to see and the significant administrative effort and quality coaching that clubs put into the Under 19s will continue to improve the standard of the competition. The finals series saw 11 different clubs competing in grand finals and seven different clubs winning the nine grand finals on offer. This diversity in the finals series has been a trend in recent years and is a good indicator of the competitiveness of the competition with no particular clubs dominating across all grades. With the introduction of the NRC and the reincarnation of the Perth Spirit, a much needed step from club rugby towards professional rugby was filled. The Perth Spirit, wearing the traditional state colours of black and gold, saw an opportunity for the best club players from the Pindan Premier Grade to combine with Western Force-contracted players in a high-level competition. During the competition 25 of the 42 players utilised were from the Pindan Premier Grade. This was a fantastic opportunity for these players to train and play alongside and against Super Rugby players. No doubt that this experience will improve the club competition and bridge the gap for more local WA talent to eventually progress through to the Western Force. In the shortened formats of Beach Fives, Sevens and 10s Rugby, the Cockburn, KK (Wanneroo) and RugbyWA events in Margaret River, on Scarborough Beach, as well as the Road to Rio junior tournament continued to grow. This season also saw the establishment of an Under 23s 10-a-side tournament that ran during the NRC. The tournament was held on Friday nights in a carnival atmosphere and was highly successful, with Associates taking out the inaugural tournament. RugbyWA in conjunction with Wanneroo have piloted a non-contact version of Sevens rugby which had around 150 people compete over 10 weeks from October through December and this new format will be officially launched in 2015 as ‘Viva 7s’. The Margaret River Sevens, our premier Sevens event attracted two international teams for the first time this year with Hong Kong (development team) and Malaysia competing in the tournament and going on to win the Plate and Bowl divisions respectively. The tournament also saw RUGBYWA 2014 ANNUAL REPORT

Men’s A and B divisions for the first time with Mandurah defeating hosts Margaret River in the B division final. The Cup final saw the West Coast Drifters become the first invitational side to win the Margaret River Sevens, defeating Palmyra 26-24 in a thrilling match.

once again performed well above expectations, progressing through to the Cup semi-finals and eventually finishing in fourth position out of 12 teams. The Western Australian Rugby Union Referee’s Association (WARURA) has again been outstanding in the support they provide. Their efforts this season to develop young referees has paid dividends with a number of the younger referees progressing to Pindan Premier Grade and performing well. WARURA also established a regular referees fitness and education training group in addition to their fortnightly education meetings and the standard of refereeing this season has benefitted from this effort. I would like to acknowledge the efforts of the outgoing president Brendan Fitzgerald and the ever-present Julie Skiba in making rugby possible each weekend through their work with the referees.

This year’s Country Carnival was held in Kalgoorlie and disappointingly, clubs from the South West did not travel for the Carnival. In 2015 it will be held in Perth to maximise the amount of teams who travel. Despite this the carnival was held in great spirit with the classic country rugby hard edge and the grand finals saw the Bushwhackers against the Island Barbarians and the match was worthy of a grand final with the Bushwhackers coming out on top 44-26. Women’s rugby declined in the 15-a-side game with one less team competing this season, however, the quality of the competition did not diminish and it was fantastic to see three players – Bec Clough, Natasha Haines and Madeline Putz – selected in the Wallaroos for the World Cup. In Sevens there was some success with over 100 girls attending an Olympic testing day and the establishment of an Under 18s schoolgirls Sevens competition that ran over five weeks. The Western Australia Women’s Sevens team

2014 has seen many challenges and I look forward to the 2015 season.

Andrew Hill General Manager, Game Development

Competition (fixtures & ladders)

Structure

Non-comp (learning to play) Events & Experiences (Marketing & Promotion)

Game/Program

Traditional Rugby 15-a-side

Product

Rugby Sevens

Modified Pathway (Numbers/format)

15-a-side (tackle)

Rugby Sevens (Tackle)

Entry Level Program

National Recruitment Program

Rugby Sevens (Non-Contact)

Super Rugby State Traditional Rugby Participant and Pathway Fan Program

Rugby Themed weeks, Come & Try day, clinics, Road shows, visits, camps etc.

Rugby Sevens

Provider channel Club

Juni or, Youth, Seni or, Ma s ters

F 7,515

School & Tertiary

Pri ma ry, Seconda ry, Uni /Col l ege

M 0

Community

M 0

Tota l

Sub Total Overall Totals Competition & Non Competition Participant Promotional & Occassional Participant Overall Total

M 0

M 120

2,906

3,180

13,250

F 0

F 246

M 60

M 246

3,672

M 0

M 1,318

M 0

492

2,635

M 0

2,635

M 0

530

M 0

M 3,877

F 8,005

M 100

F 35

100

10,722

15,962

27,214

19,557 27,214 46,771

Participation Segmentation & Calculation methodology All the Rugby themed weeks participant numbers to be recorded in Promotional and Occasional participant classification (unless reaching 5 or more hurdle). For any product delivered in a School or Tertiary channel to a mixed gender the split will be 50/50 in male and female teams and participant columns above. Rookies2Reds, Budding Brumbies and Come & TryRugby (Future Tahs) participants are classified as Super Rugby State Entry Level programs. National Recruitment Program participants include ALL school 'Start Rugby' products - AASCP, IN school and Festival/gala days All the Junior rugby players in both Clubs and Schools aged 12 years that currently play 15 a side are classified as Modified Pathway. In Sevens PS Segment the total for both tackle and non-tackle teams/participants need the mixed team/participants numbers added by 50:50 split - male or female. ALL Participant numbers in the School and Community channel; either in Modified 15 a side Pathway or Sevens are calculated by multiplying the TEAM number by the appropriate participant value below. Remember for All Club channel Sevens rugby you also calculate the participant number by multiplying the TEAM number similarly. 7 a-side x 12 participants 12 a-side x 17 participants 10 a-side x 15 participants 15 a-side x 20 participants

RUGBYWA 2014 ANNUAL REPORT

7,725

15,730

F 0

187

F 4,813

F 187

8,690

F 0

M 24

1,932

F 80

F 1,908

F 0

M 0

450

F 0

F 450

F 0

M 0

F 1,318

F 0

2,635

F 0

M 0

492

F 0

M 0

F 0

708

10,344

M 948

588

Tots , Juni or, Youth, Seni or, Ma s ters

F 1,464 2,412

F 0

2,669

Tota l

M 0

2,906

F 2,669

F 2,906

7,675

Tota l

M 160

Grade Tables Pindan Premier

Bye Fft

Opp Fft

BP 4t

BP <7p

BP Pts

Nedlands

593

280

211.79%

Wests Scarborough

487

312

156.09%

UWA

571

383

149.09%

Cottesloe

546

329

165.96%

Associates

566

332

170.48%

Kalamunda

447

423

105.67%

Palmyra

437

306

142.81%

Perth Bayswater

348

419

83.05%

Wanneroo

188

949

19.81%

Reserve Grade

Bye Fft

Opp Fft

BP 4t

BP <7p

BP Pts

Associates

683

223

306.28%

Palmyra

709

272

260.66%

Kalamunda

488

377

129.44%

Joondalup

396

355

111.55%

Cottesloe

485

376

128.99%

Wests Scarborough

351

466

75.32%

Nedlands

369

411

89.78%

Perth Bayswater

254

526

48.29%

UWA

329

526

62.55%

Wanneroo

221

753

29.35%

Under 19s

Bye Fft

Opp Fft

BP 4t

BP <7p

BP Pts

Palmyra

520

256

203.13%

Nedlands

465

168

276.79%

UWA

395

219

180.37%

Wanneroo

268

308

87.01%

Joondalup/Wests

273

363

75.21%

Southern Lions

221

415

53.25%

Perth Bayswater

239

460

51.96%

Associates

226

418

54.07%

Championship A Grade

Bye Fft

Opp Fft

BP 4t

BP <7p

BP Pts

Mandurah

541

173

312.72%

Nedlands

649

166

390.96%

Rockingham

651

167

389.82%

ARKs

521

165

315.76%

Curtin Uni

418

189

221.16%

UWA

476

282

168.79%

Associates

417

152

274.34%

Cottesloe

427

245

174.29%

Kalamunda

360

292

123.29%

Palmyra

397

354

112.15%

Wests Scarborough

208

373

55.76%

Southern Lions

325

493

65.92%

Perth Bayswater

231

417

55.40%

Swan Suburbs

161

579

27.81%

Joondalup

140

541

25.88%

Wanneroo

293

24.23%

Kwinana

127

560

22.68%

Bunbury Barbarians

147

726

20.25%

RUGBYWA 2014 ANNUAL REPORT

Womens’

Bye Fft

Opp Fft

BP 4t

BP <7p

BP Pts

Wanneroo

444

853.85%

Cottesloe

331

376.14%

Kalamunda

269

223

120.63%

Perth Bayswater

190

242

78.51%

ARKs

138

392

35.20%

Championship B Grade P

Bye Fft

Opp Fft

BP 4t

BP <7p

BP Pts

ARKs

595

148

402.03%

Perth Bayswater

378

177

213.56%

Cottesloe

440

190

231.58%

Curtin Uni

397

196

202.55%

Mandurah

444

237

187.34%

UWA

423

210

201.43%

Palmyra

478

280

170.71%

Nedlands

365

246

148.37%

Rockingham

361

304

118.75%

Southern Lions

216

294

73.47%

Associates

293

278

105.40%

Wanneroo

308

350

88.00%

Kalamunda

289

432

66.90%

Bunbury Barbarians

172

472

36.44%

Joondalup

163

526

30.99%

Wests Scarborough

155

437

35.47%

Swan Suburbs

0.00%

Kwinana

0.00%

Championship C Grade P

Bye Fft

Opp Fft

BP 4t

BP <7p

BP Pts

Cott Blue

528

119

443.70%

Mandurah

458

198

231.31%

Associates

461

161

286.34%

Rockingham

407

206

197.57%

Cottesloe

256

296

86.49%

Nedlands

341

236

144.49%

Curtin Uni

246

335

73.43%

UWA

176

444

39.64%

Palmyra

113

556

20.32%

Wanneroo

125

560

22.32%

Associates

293

278

105.40%

Wanneroo

308

350

88.00%

Winner of 2014 Grand Finals Premier Grade: Reserve Grade: Under 19s: Womens: Championship A Grade Div 1: Championship A Grade Div 2: Championship B Grade Div 1: Championship B Grade Div 2: Championship C Grade:

Palmyra 16 d Associates 13 Palmyra 25 d Nedlands 23 Wanneroo 37 d Kalamunda 0 Nedlands 20 d Mandurah 8 Associates 26 d Curtin Uni 14 Arks 32 d Perth Bayswater 10 UWA 27 d Mandurah 10 Cott Blue 33 d Associates 23 UWA 16 d Cottesloe 13

Award Winners PG Hampshire Award: RugbyWA Referee Award: RugbyWA Coach Award: Best Women’s Player: Most Improved Player: George Newstead Trophy(Most Outstanding Colt): Highest Points Scorer: Most Tries Scored: Premiership Club Champions: Championship Club Champions: Champion Club: RugbyWA Life Member:

RUGBYWA 2014 ANNUAL REPORT

Dylan Timu (Perth Bayswater) Graham Cooper Gus Martyn (Nedlands) Rebecca Clough (Cottesloe) Andries Van der Westhuizen (Nedlands) Brad Lacey (Wests Scarborough) Levon Kvas-Rothwell (UWA) Christian Joubert (UWA) & Michael Ruru (Nedlands) Nedlands ARKS Palmyra Charles Fear

WAJRU President’s Report 2014 was another successful year for junior rugby and I would like to thank our major sponsor, Bankwest, for their continued support of Junior Rugby. I would also like to thank all club sponsors for supporting junior rugby, your contribution is greatly appreciated.

tremendous efforts of the West Australian Junior Rugby Referees Association. To Julie Skiba, Bruce Dunn, Brent Mews and all referees who support our game thank you for organising, coaching, developing and mentoring our referee’s year in, year out.

Putting this competition into context, nearly 1,600 games of junior rugby were played throughout the year. We have approximately 4,000 registered junior players with further numbers playing in our country regions.

I would like to remind you that this game can only continue to grow with your support. We need strong governance both at committee level and in our clubs, we need to be united in our goals to make our game a showcase for sport in Western Australia and that can only be achieved with your continued support in 2015.

Our game continues to grow in numbers and for the first time we have had teams from the South West playing in our competition. It is a credit to the South West Committee headed by Dieter Kalle that this came to fruition.

Martin Becker President, RugbyWA Juniors

The Western Australian Under 17s made history as the inaugural Junior Gold Cup champions, a tremendous achievement and a fitting result for all the hard work put in by the players, coaches and support teams that came together. Preparations are well underway for the next tournament in March 2015. On behalf of my Committee, I would like to pass on my thanks to the many people within ‘club land’ who have contributed to another successful season. The running of a club takes considerable effort and requires the assistance of coaches, managers, registrars, administrators, canteen workers and of course parents who put their hands up every week to ensure our juniors players can participate in our great game. I would like to thank you for your efforts and acknowledge that without your support we would not be able to provide our players with a game experience each week. I look forward to your support next year. I would like to thank my committee for all their hard work throughout the year. There have been some long Monday evenings at RWA and I thank them all for their patience and dedication to the tasks on hand over the past 12 months. A few of our committee will not be returning next year and I would like to offer my personal thanks and that of the rugby community to Cameron Edwards and Shaun McComb for their dedication and hard work. To the other member of my committee during the year Paola Ferrari, Francis Parsons, Graham Jones, Richard Keyte, Sharon Phillis and Linda Barr, thank you. There are many people who have contributed to the success of this year. To the staff at RugbyWA, Mark Sinderberry, Andrew Hill and his team, and in particular Richard Thelan, who has worked tirelessly week in, week out to make this competition successful. To the rest of the RugbyWA team, my sincere thanks for your efforts throughout the year. To Dwayne Nestor and his development team, thank you for the great work in our representative and development programs. Maryanne Wilson, Sue Fudge and the commercial team, thank you for your assistance. Needless to say we wouldn’t have a game without the RUGBYWA 2014 ANNUAL REPORT

WARURA Report Introduction

In 2014, we built on the strategic plan developed from our Season Review process. We have added a further area of strategic focus – that of women referees – and we have updated our Mission Statement, as follows: • Women Referees – Specific opportunities are available for women referees, including officiating at Olympic Sevens as well as general rugby refereeing. We must provide a clear pathway, with high quality and consistent Referee Coaching, plus appropriate and well-resourced mentoring for WA women referees. • Mission Statement: Respect the game – Respect the call • (Emblazoned on all Referees’ shirts) • If we respect the game, we will do our utmost to perform well, i.e. we will be fit, up to date on law knowledge and game knowledge and so able to referee at a level appropriate to the game. By doing so, we can expect the calls we make as match officials to be respected. Our Season Review process has commenced for 2014 and we have made progress in all areas, including closing out actions from 2013. Several areas of activity remain problematic: • Effective communication with our membership is a continuing challenge. • Attendance at Referee Education Meetings is slowly improving, but needs to be greater if we are to achieve our quality goals. • Referee Coaching resources struggle to give all referees sufficient support. • Actions are proposed for 2015 in each of these areas.

ARU National Referees Conference 2014

At the National Referees Conference in Sydney on 21 and 22 November 2014, the ARU commended WARURA for setting the benchmark in several areas: • Our development programme for young (U-18) referees at Britannia, including specific development sessions using visiting Super Rugby Referees; • Our promotion of young (18+) referees in the Senior competition, including the establishment of a managed transition from Junior Rugby; • Our programme for Ref Coach development, including a weekend seminar with leading ARU Ref Coaches presenting; • Our mid-season seminar for Referee and Ref Coach Education, with Scott Young of the ARU presenting; • The Season Review programme which has now been in place for four years, which we have been asked to share with other Ref Associations; • The Club 19 initiative led by Graham Cooper, to encourage a club spirit amongst our members – particularly the younger membership. This is fostered by group strength and conditioning training, discussion of technical refereeing issues via social media, social gatherings and other activities. Overall, we must continue to referee and referee coach to the IRB/ARU Referee Profile. There are a number of new initiatives 32

RUGBYWA 2014 ANNUAL REPORT

and ideas from the ARU and other Associations that will be pursued in 2015.

On the Field

Our members have enthusiastically covered a growing number of Sevens and other tournaments with abbreviated forms of the game. We are aware that the “off season” is shrinking and this requires careful management to avoid injury and burn-out. Our membership remains unable to cover all main competition games. 2013

2014

Competition

No. of Games

Not covered

No. of Games

Not covered

Senior

735

556

Junior

632

656

PSA

114

116

Schools games in the CSC competition mid-week and some 45 other games stretched our members further. With the early finish to the season in mid-August, the new Under 23 Tens tournament was supported primarily by our younger referees.

Membership and Demographic

We gained 39 new referees in 2014, but lost 39 referees who did not return from 2013. These were primarily in Junior Rugby, with Year 11 and 12 students the majority of those lost. More than a third of those refereeing Senior rugby are aged 46+. The bulk of our Referee Coaching effort falls on the shoulders of the 56+ age group.

Discipline & Abuse

Player discipline showed significant improvement in the Senior competition this year, but not so in the Junior competition. In the latter, the majority of send-offs were for violent conduct, with Striking (12) and Kicking/Stamping (3). 2012

Competition

2014

Sin Send Code of Sin Send Code of Sin Send Code of Bin Off Conduct Bin Off Conduct Bin Off Conduct

Senior 348 Junior

2013

405 40 70

315

131

There were a number of major incidents of abuse of match officials this season, which the Association pursued on behalf of members. I am particularly grateful to Michael Cashman for his assistance. The Association made a presentation to the Council of Clubs on the topic “Changing the Conversation” and an article on “Changing the Conversation” was included in a Western Force home game programme. We are very grateful to Martin Becker and his RugbyWA

WARURA Report (cont.) Juniors team for their continuing support, in particular the implementation of the Team Spectator Management programme.

Thanks also to Kim Short (Life Member), Honorary Sherriff, through whom we raised in 2014 approximately $500 for Princess Margaret Hospital for Sick Children.

Development

President’s Award for Outstanding Contribution to the Association for 2014 was to Anthony O’Shea, who has been an inspiration as Chairman of the Senior CAB. Anthony has attacked this role with enthusiasm and energy, leading with ideas, gathering and encouraging the team around him.

Our challenge is to develop young referees to referee Premier Grade and higher. Average age of Premier 2010 Grade Referees (years)

36.1

2011

2012

2013

2014

35.4

34.7

33.5

30.0

In the 2014 finals series the average age of referees in junior matches was 28.6 years and in seniors 21.8 years. Congratulations to Alex Ninkov who became our youngest ever Premier Grade Grand Final Referee at 22yrs. Opportunities for officiating outside WA were presented to several members, including ARU appointments (asterisked); some were self-funded (double asterisk): • Graham Cooper (RugbyWA Referee of the Year 2013&14) National Development Squad member – many appointments nationally and overseas including as Referee for the final of the Youth Olympics*. Awarded an Australian Institute of Sport Match Officials Scholarship • Patrick Davis Darwin 7s, Junior Gold Cup* (3 including final) • Tyler Miller AR National Women’s*, Darwin 7s**, Central Coast 7s*, Exchange to Sydney, with Ref Coach Sean Popperwell** • Liam O’Shea Central Coast 7s*, Sydney Exchange • Alex Ninkov Darwin 7s, Sydney Exchange • Ian Hailes Ref Coach, Darwin 7s • Mark Sherriff & Marcell Blackie School Student Scholarship referee programme at Queensland U14s tournament* • Julie Skiba Administration, Darwin 7s** • Rob Kellam Ref Coach at National Women’s* & Central Coast 7s* • Scott Chesterton L2 Ref Coach Course Sydney • James Sherriff L2 Ref Coach Course Sydney, National Referee Conference 2013 Sydney, Citing Commissioner Course* • Anthony O’Shea National Referee Conference 2013 Sydney, L2 Ref Coach Course Sydney**

Special Awards for outstanding contribution to WARURA for 2012 to 2014 were made to David Procopis and Julie Skiba. Their sustained efforts over the three years made a huge difference to my own role and I thank them unreservedly. Many thanks also to Andrew Hill, and his team at RugbyWA for their input and support. I am also very grateful to Dr. Russel Perry (Life Member), Chairman of RugbyWA, for his quiet encouragement to me and great support for WARURA. A special mention to John Hill for achieving 200 Premier Grade Games and Matt O’Brien for 100 games.

Brendan Fitzgerald Honorary President, WARURA

Volunteers

I thank all of our members for their efforts throughout the season. I wish to thank the following for their excellent work for the Association: Peter Hilgendorf, Julie Skiba (Life Member), Sean Neary, Anthony O’Shea, James Sherriff, Ian Hailes, Rob Kellam, Graham Cooper,Gary Bryant, David Procopis (Life Member), Bruce Dunn, Sam James (Life Member), Brent Mews, Mike Miller, Robbie Burns and John Hill.

RUGBYWA 2014 ANNUAL REPORT

WASRU Report Public Schools Association The 2014 PSA rugby season was successful in participation numbers as there was a slight increase overall. However, some schools were affected more than others by the “half-year cohort” in Year 12 and struggled to field second XVs throughout the season. A viable solution was soon found with Scotch, Hale and Aquinas combining to form a Barbarians side which played each Saturday. The ‘spirit of rugby’ was captured by this group and after one game the ‘war cries’ of all three schools were chanted by the players. • At First XV level, Christ Church Grammar, Hale and Scotch fought out the premiership title. With little between them, each was capable of beating the other on their day. Congratulations to Hale School for retaining the Br Redmond Cup for the 12th year in succession. In other age groups, Hale dominated in the Second XV, Year 10 and Year 9 fixtures, with Scotch and Aquinas having undefeated seasons in the Year 8 and Year 7 age groups respectively. • In the Open age group, the ‘floating/movable’ window was retained, defaulting to the oldest U18 player, provided that set scrums could occur. Ultimately, the ARU exempted front row players so there was not really an issue here. • Far fewer PSA boys trialed for the WA Schools team this year. RugbyWA have inquired about this and have suggested ways to enhance their profile including: the timing of the Championships vis-a-vis school exams; the extra training commitment throughout Term two if selected in the squad; some candidates would have recently completed the U17 Junior Gold programme and feel ‘burnt out’; the costs when added to school tours, and other representative programmes. • The issue of boys receiving sanctions in club rugby and continuing to play in the PSA competition or vice versa. The local referees association has a strong view on this topic and discussions are ongoing. • RugbyWA again offered some schools the chance to play curtain-raisers before Western Force Super Rugby matches. Schools have varying views on the benefits of this opportunity; however, games went ahead.

Combined Schools and Colleges The 2014 CSC rugby season was played with fierce but fair competitiveness by all teams this year. Although there was a slight decrease in participation numbers from the previous year, the standard of rugby continues to grow. In the Open’s there was great performances by John XXIII and Darling Range to make the semi-finals. Aranmore and Thornlie battled for the trophy in all four of the age groups with Aranmore coming out winners on all four occasions. The usual seven-a-side days were run with the Girls Competition very well attended and received. Aranmore

RUGBYWA 2014 ANNUAL REPORT

proved too strong in all age groups and displayed some very high standard Sevens Rugby. It was a great result for Aranmore but continued improvement from all schools who have participated this year is a great sign for not only the CSC competition next year, but a good indication of the depth of talent the Junior Gold Squads will have this year. Issues to be addressed in the off season: • 80 Games scheduled this year and 25% of them were forfeited. This was an improvement to the previous year of 120 games scheduled 44% forfeit but there is still work to be done; • Number of schools participating decreased from 48 to 39; • 82 players trialed for Regional Championships. Many thanks to Kathal Spencer and his team for getting the Schools team ready for the National Championship and attending with them. It has become harder and harder to attract school teachers to this role at state level, some of the reasons listed above pertain to teachers as well as boys. The performance was a little below what it has been in previous years, reason for this are varied. The commencement of the National Rugby Championship has given a lot of players a pathway from club rugby and we hope the ARU maintains this competition for years to come.

Don McNamee President, WASRU

Country Rugby Report It’s been a good year for Country Rugby with the season running without drama and another successful year with participation increasing throughout the regions. With 2015 being a World Cup Year, hopefully the Wallabies will be successful as we know this leads to excited kids pulling on the rugby boots.

Eastern Goldfields Goldfields Rugby is still going strong with four teams playing the season out. It was the Bushwhackers 30th birthday and they made it a milestone year to remember.

attendances in many years. No teams travelled from the South West which led to Geraldton withdrawing at the last moment and the WA Police had prior commitments, so this left only the Goldfields Teams playing it out on their home turf. The tournament was reduced from the normal two days to one with the final being played at the end of the day. This final saw the Bushwhackers take on the Island Barbarians. It was tightly contested throughout the 80 minutes with the Bushwhackers sealing the victory in the final minutes 44-26.

Throughout the season it was really only a two-horse race between the Bushwhackers and the Stormers and this rivalry carried through to the 2014 final. The Bushwhackers not only celebrated their 30th birthday, but took out the Country Carnival and were the Eastern Goldfield champions.

It was the Bushwhackers 30th Birthday and had a great deal of support from previous players that were in Kalgoorlie for their team dinner.

Goldfields juniors have been solid in Kalgoorlie with hundreds of juniors playing each weekend.

Next year sees the carnival back in Perth with PerthBayswater again hosting the event. 2015 is the 25th Carnival and we anticipate a big turn out from around the State to celebrate our milestone.

South-West The South-West competition is also looking strong with four teams contesting another great year. The standout in 2014 was the current champions, the Margaret River Gropers, who maintained their impressive form from the season in their grand final win over rivals the Dunsborough Dungbeetles. It was a one-sided affair with the Gropers steam rolling the Dungbeetles 53-5. The Gropers really secured the win in the first half making it too much of a stretch for Dunsborough to fight their way back.

RugbyWA has spent a great deal of time growing the game in regional WA having visited locations in the South West, Goldfields and as far as Jigalong. A big thank you to all the players, coaches, volunteers of Country Rugby.

Ray Mills President, Country Rugby

Junior numbers in the South West were maintained from the 2013 period and with a new south-west juniors committee in place we anticipate a growth in participation numbers in the coming years.

Geraldton Even though there is no competition in Geraldton, they deserve to be acknowledged. ‘Gero’ is always keen to play and invite teams to come up for a great weekend of Rugby. ‘Gero’ has created some great relationships with the Perth clubs and make the drive down to Perth to play one-off games.

Country Carnival The 2014 Country Carnival was held in Kalgoorlie-Boulder this year and unfortunately it was one of the worst

RUGBYWA 2014 ANNUAL REPORT

JUNIOR ELITE REPORT U14s U14 State Champs DATE: 20/09/2014 OPPOSITION POINTS FOR

NORTH

South

Date 24/09/2014 POINTS AGAINST

Date 27/09/2014 POINTS AGAINST

OPPOSITION POINTS FOR South

CUMULATIVE TOTAL POINTS AGAINST

OPPOSITION POINTS FOR South

Tries

"C.Tizzano (2), T. Koiatu, L. Bolton,

"C. O'Sullivan, T. Mason, R. Wylie,

"J. Tuaploa(2), C. Tizzano,

Goals

S. Payne, K. Tet-Boyle"

C. Parata (2)"

O. Callan"

C. Parata (4)

C. Parata (2)

Penalties

FOR

AGAINST

DIFF

-58

Drop Goals

SOUTH

North

Tries

W. Smith

C. Parker, R. Jennings

Goals

G. Leituala

Penalties

G. Leituala

North

C. Parker

Drop Goals

2014 State Champions: NORTH

U15s U15 State Champs DATE: 20/09/2014

NORTH

South

Date 24/09/2014 POINTS AGAINST

OPPOSITION POINTS FOR

South

Date 27/09/2014 POINTS AGAINST

OPPOSITION POINTS FOR

South

CUMULATIVE TOTAL POINTS AGAINST

OPPOSITION POINTS FOR

Tries

J. Hardy (2), T. Grey

J. Hardy (2), E. Reilly, T. Cherrington

“J. Hardy (2), M. Stockman-Te-Rahui, L. Gourlie, J. Foster-Hall, B. Macaskill, E.Reilly O. Callan”

Goals

E. Reilly (2)

E. Reilly (5)

Penalties

FOR

AGAINST

DIFF

-79

E. Reilly

Drop Goals

SOUTH

North

Tries

C. Knox (2)

Goals

M. McDonald

North

Penalties Drop Goals

2014 State Champions: NORTH

U16s U16 State Champs DATE: 20/09/2014

NORTH

South

Date 24/09/2014 POINTS AGAINST

OPPOSITION POINTS FOR

Tries

R. O'Sullivan, K. Pearce, J. Daynes

Goals

C. Tearoa

OPPOSITION POINTS FOR South

Date 27/09/2014 POINTS AGAINST

OPPOSITION POINTS FOR

CUMULATIVE TOTAL POINTS AGAINST

FOR

AGAINST

DIFF

-19

B. Whitehead, A. Hondros

Penalties Drop Goals

SOUTH

North

Tries

S. Waiti, P. Ashworth

Goals

A. Shortall

Penalties

North

P. Ashworth, V. Young, S. O'Hara

A. Shortall (2)

Drop Goals

2014 State Champions: SOUTH

RUGBYWA 2014 ANNUAL REPORT

North

10 E. Stafford N. Lamatoa

A. Shortall

2014 JUNIOR GOLD CUP The JGC is a national long term talent development and competition program at U15 and U17 age levels. The truly national nature of the JGC competition provides players, coaches, administrators and match officials with the opportunity to be involved in high levels of representative rugby programming and development at a national level on an annual basis whilst maintaining local/regional representation. The scheduling of the JGC program commences in October and allows players to compete in a national competition involving 24 teams in each age group in March. It is an evolution of the Junior Gold Program and is a key part of Australian Rugby’s “Pathway to Gold” that will provide talented players an opportunity to compete against the best in their age group across Australia. The WA 17s JGC squad were the inaugural winners of the competition defeating Victoria 28-19 in a home final at McGillivray Oval in March.

U15 JGC Touring Team FIRST NAME

SURNAME

CLUB

State 15s Staff: HEAD COACH: Arno Visser ASS. COACH: Dave Wells MANAGER: Chris Jensen PHYSIO: Bryony McCrudden S&C: Stuart Guppy PROGRAM Elwee Prinsloo COORDINATOR: Game 1: Western Australia 36 defeated Queensland 5 (Atu Likio, Connor McCluggage, Raekwon Edwardson, Neli Auvae, Mark Naleba tries; Ethan Reilly 4 conversions, 1 penalty) Game 2: Brisbane Yellow 7 defeated Western Australia 6 (Ethan Reilly 2 penalties) Game 3: Western Australia 36 defeated Brisbane Orange 10 (Dylan Hutchins 2, Victor Harris, Simon Parsons, Soloman Stone tries; Ethan Reilly 4 conversions, 1 penalty)

Neli

Auvae

Palmyra

Lapo

Bigazzi

Wests Scarborough

Raekwon

Edwardson

Wanneroo

Jordan

Fletcher

ARKS

Jacob

Foster-Hall

Rockingham

Alex

Gloster

Wests Scarborough

Liam

Gourlie

Joondalup

Jack

Hardy

UWA

Victor

Harris

Wanneroo

Dylan

Hutchins

Wests Scarborough

Shaun

Kapene

Perth Bayswater

Atu

Likio

Rockingham

Brody

Macaskill

Wanneroo

Zachary

Branca

Perth Bayswater

Daynes

Joondalup

Game 4: Gold Coast 12 defeated Western Australia 6 (Ethan Reilly 2 penalties) Game 5: Western Australia 27 defeated North Coast 17 (Tom Norman, Brody MacCaskill, Shaun Kapene, Liam Gourlie tries; Ethan Reilly 2 conversions, 1 penalties)

16s Junior Gold Squad FIRST NAME

SURNAME

CLUB

Connor

McCluggage

UWA

Jack

Ilani (Mark)

Naleba

Wests Scarborough

Chey-John

Hatu

Mandurah

Tom

Norman

Nedlands

Jayden

Hocking

Southern Lions

Hondros

Associates

Simon

Parsons

Wests Scarborough

Anthony

Ethan

Reilly

Wanneroo

Jack

Knobben

Mandurah

Likio

Rockingham

Robert

Ryan

Rockingham

Sosifa

Connor

Sattler

Rockingham

Thomas

Masibaka

Associates

O'Sullivan

Associates

Ethan

Soden

Palmyra

Rory

Marnus

Spangenberg

Joondalup

Kade

Pearce

Joondalup

Stafford

Palmyra

Joshua

Spittal

Perth Bayswater

Evan

Manaia

Stockman-Te-Rahui

Wanneroo

Corry

Tearoa

Wanneroo

Tumanuvao

Rockingham

Van Der

Rockingham

Solomon

Stone

Wanneroo

Bitner Junior

Ephraim

Tearoa

Wests Scarborough

Hendricus

Tiago

Valentim

Joondalup

Sheldon

Willan

ARKS

RUGBYWA 2014 ANNUAL REPORT

JUNIOR ELITE REPORT (cont.) U17 JGC Touring Team FIRST NAME

SURNAME

CLUB

Zachary

Branca

Bayswater

Isaac

Cavu

Joondalup

Reece

Grant

Cottesloe

Charlie

Grant

Cottesloe

Eli

Greaves

Southern Lions

Chey-John

Hatu

Mandurah

Nicholas

Jooste

Cottesloe

Jordan

Kempton

Joondalup

Isaiah

Kuru

Southern Lions

Sosifa

Likio

Rockingham

Thomas

Masibaka

Associates

Allen

Maradzika

Wanneroo

Lorenzo

Mario

Joondalup

Trey

Moloney

Palmyra

Taube

Oakley

Palmyra

Sam

Offer

Nedlands

Torongare

Reedy

Joondalup

Chad

Ross

Palmyra

Aaron

Ruru

Mandurah

Jonathan

Savea

Southern Lions

Leighton

Short

Palmyra

Jack

Soa

Palmyra

Jake

Stainton

Palmyra

Ben

Tata

Palmyra

Clay

Uyen

Joondalup

Peter

Vili

Bayswater

Blake

Woodward

Palmyra

HEAD COACH: ASS. COACH: MANAGER: PHYSIO: PROGRAM COORDINATOR:

Justin (Gus) Martyn Grant Oakley Terry Stainton Stacey Stockman Elwee Prinsloo

Junior Gold Cup (Under 17) – Final Western Australia 28 defeated Victoria 19 (Thomas Masibaka, Eli Greaves, Leighton Short tries; Nick Jooste 2 conversions, 3 penalties) at McGillivray Oval, Mount Claremont, Perth Junior Gold Cup (Under 17) – Northern Conference Final Western Australia 23 defeated Brisbane Purple 8 (Trey Moloney, Leighton Short, Lorenzo Mario tries; Nick Jooste conversion, 2 penalties)

RUGBYWA 2014 ANNUAL REPORT

JUNIOR GOLD CUP (Under 17) - Tour Game 1: Western Australia 21 defeated Central Queensland 8 (Chad Ross 2, Leighton Short tires; Nick Jooste 3 conversions) Game 2: Western Australia 33 defeated Brisbane Yellow 7 (Nic Jooste, Sam Offer, Leighton Short tries; Nic Jooste 3 conversions, 4 penalties) Game 3: Western Australia 8 drew with Brisbane Orange 8 (Leighton Short try; Nick Jooste penalty) Game 4: Western Australia 15 defeated Gold Coast 5 (Thomas Masibaka, Nick Jooste try; Nick Jooste 1 conversion, 1 penalty) Game 5: Western Australia 32 defeated North Coast 5 (Eli Greaves 3, Sam Offer, Aaron Ruru tries; Nick Jooste 1 conversion, 1 penalty, Eli Greaves conversion)

2014 STATE SCHOOLBOYS

The State Schoolboys represented WA at the Division 1 National Schoolboy Championships held at St Ignatius College, Riverview, Sydney. FIRST NAME

SURNAME

SCHOOL

Clay Uyen 1 try; Nick Jooste 2 conversions; Nick Jooste 2 penalties) Game 4: Combined States 36 defeated Western Australia 12 (Lorenzo Mario, Sam Offer tries; Nick Jooste 1 conversion)

Isaac

Cavu

Prendiville Catholic College

Malakai

Chan Boon

Aranmore College

Kauri

Cudd

Comet Bay College

Tevin

Ferris

Mandurah Baptist College

Brandford

Fisher

Tuart College

Michael

Fotu

Lynwood High School

Jermaine

Ainsley

Nedlands

Backhouse

University

STATE 20s

The State 20s of 2014 were undefeated in winning the Southern States Championships in February. FIRST NAME

SURNAME

CLUB

Nicholas

Jooste

Hale School

Oscar

Sosifa

Likio

Warnbro High School

Brook

University

Allen

Maradzika

Kingsway Christian College

Luke

Burton

University

Lorenzo

Mario

Aranmore College

Brad

Campbell

Wanneroo

Thomas

Masibaka

Aranmore College

Cody

Coe-Baker

Wests Scarborough

Taine

Oakley

Leeming Senior High School

Tevin

Ferris

Nedlands

Sam

Offer

Wesley College

Alistair

Haining

Cottesloe

Torongare

Reedy

Clarkson Community High School

Richard

Hardwick

University

Chad

Ross

Aranmore College

Ross

Haylett-Petty

Cottesloe

Serge Jonathan Leighton

Sapsford Savea Short

Aranmore College Guildford Grammar Cristian Brothers College Fremantle

Robert

Ingram

Associates

Tim

Koiatu

Wanneroo

Kane

Koteka

Wests Scarborough

Jack

Soa

John Curtin School of Arts

Brad

Lacey

Wests Scarborough

Ben

Tata

Thornlie Senior High School

Jordan

Luke

Perth Bayswater

Corry

Tearoa

Aranmore College

Clay

Uyen

Hale School

Waiti

Halls Head Community College

Tristan Harry Graham

Schneider Scoble Sullivan

Joondalup University Kalamunda

Keelan

Simpkins - Iti

Rockingham

Delroy

Tapuosi

Palmyra

Evan

Stafford

Palmyra

Angus

Taylor

Wanneroo

Ricardo

Steyn

Nedlands

Corey

Thomas

University

Corry

Tearoa

Wanneroo

Dean

Van Schalkwyk

Cottesloe

Bitner Junior Tumanuvao

Rockingham

Max

Veech

Perth Bayswater

Sioeli

Vaituulala

Southern Lions

Riley

Winter

Wests Scarborough

Hendricus

Van Der Heyden Rockingham

Kylan

Yoxall

Associates

Liam

Van Der Heyden Rockingham

Waiti

Mandurah

State Schoolboys Staff: HEAD COACH: Grant Oakley ASS. COACH: Alex Stajka MANAGER: Kathal Spence PHYSIO: Nicolle Daubney Game 1: Queensland 1 36 defeated Western Australia 15 (Nick Jooste, Kauri Cudd tries; Nick Jooste 1 conversion; Nick Jooste 1 penalty) Game 2: New South Wales II 33 defeated Western Australia 7 (Nick Jooate 1 try; Nick Jooste 1 conversion) Game 3: ACT 33 defeated Western Australia 25 (Lorenzo Mario 2,

Game 1: Western Australia 53 defeated NSW Country 0 (Alistair Haining 3, Ross Haylett-Petty 2, Harry Scoble, Angus Taylor, Brad Lacey, Delroy Tapuosi tries; Tim Koiatu 4 conversions) Game 2: Western Australia 27 defeated ACT 17 (Richard Hardwick, Luke Burton tries; Luke Burton 1 conversion; Luke Burton 5 penalties) Game 3: Western Australia 27 defeated Victoria 23 (Corey Thomas, Richard Hardwick, Ross Haylett-Petty, Angus Taylor, Brad Lacey tries, Tim Koiatu 1 conversion)

ACADEMY

The RugbyWA Academy is the next step in the player pathway beyond the Junior Gold Cup and identifies promising talent from the club and schools competitions in Western Australia. RUGBYWA 2014 ANNUAL REPORT

JUNIOR ELITE REPORT (cont.) It is an excellent testing ground for potential Future Force scholarship holders, with a view to seeing them progress to professional rugby. Three Academy players progressed in to the Future Force program in 2014 â&#x20AC;&#x201C; Harry Scoble, Kane Koteka and Richard Hardwick. FIRST NAME

SURNAME

CLUB

Jermaine

Ainsley

Nedlands

Oscar

Backhouse

University

Lukas

Birch

Kalamunda

Tevin

Ferris

Nedlands

Richard

Hardwick

University

Ross

Haylett-Petty

Cottesloe

Liam

Husband

Joondalup

Nicholas

Jooste

Cottesloe

Kane

Koteka

Wests Scarborough

Va'a

Mailei

Palmyra

Lorenzo

Mario

Joondalup

Chad

Ramsamy

Palmyra

Tristan

Schneider

Joondalup

Harry

Scoble

University

Angus

Taylor

Wanneroo

Corey Nicholas

Thomas Ward

University Palmyra

RUGBYWA 2014 ANNUAL REPORT

Chief Financial Officerâ&#x20AC;&#x2122;s Report Whilst 2014 was one of the most successful for the Western Force with 6 wins at home and 9 wins in total for the season our off field financial performance was again challenging but showing clear signs of improvement over 2013. The trading result for 2014 was an operating deficit of $649,000 (2013 â&#x20AC;&#x201C; $857,100) a 24% improvement. This operating deficit was predominately driven by failure to achieve key revenue targets. From an ongoing perspective the trend is in the right direction and we expect to return to profitability by 2016 if not earlier. However the teamâ&#x20AC;&#x2122;s success did have an immediate financial impact comparatively to 2013, with a 28% increase in match day tickets sales, a 3% increase in match day corporate hospitality sales and a 37% increase in merchandise sales. Historically team results have had a delayed effect on both membership and sponsorship revenue which we have budgeted for in 2015. The introduction of the National Rugby Championship and the Perth Spirit not only provided a vital development pathway for our athletes but also contributed $152,000 in revenue to our operations. We managed to bring this team together in a very short time frame and also provided development opportunities for team support and administration staff, hence our modest outlay of $82,000 to run this program. Our total expenditure was reduced by 4% from last year including our professional team costs without impacting on the rugby program. Despite the financial challenges our grass roots level participation increased again in 2014 with an investment of just under a $1 million dollars. The non-trading non cash activity of $46,800 improved our reported result to a loss of $602,202 which was a 48% improvement over the previous year; this further impacted our already negative balance sheet. It is important to understand that the unearned revenue on our balance sheet of $3,191,020 is a non cash liability and will be recognised as income as we deliver each of the homes games in 2015. The finance team has again been a great support to not only me but the entire organisation their dedication and ongoing hard work is really appreciated.

Maryanne Wilson Chief Financial Officer

RUGBYWA 2014 ANNUAL REPORT

WESTERN AUSTRALIAN RUGBY UNION (INC.) WESTERN AUSTRALIAN RUGBY UNION (INC.) DIRECTOR'S REPORT DIRECTOR'S REPORT Your board members submit the consolidated financial report of the Western Australian Rugby Union (Inc.) and ard members submit the consolidated financial eport of the Western Australian Rugby (Inc.) 2a014. nd it's controlled entities ("RugbyWA" or "rthe Association") for the year ended 31 U Dnion ecember rolled entities ("RugbyWA" or "the Association") for the year ended 31 December 2014. BOARD MEMBERS MEMBERS The names of the board members throughout the year and at the date of this report unless otherwise stated are: mes of the board members throughout the year and at the date of this report unless otherwise stated are: Elected Russel Perry -‐ Chairman erry -‐ Chairman David Redpath -‐ President Re-‐elected March 2014 edpath -‐ PLeon resident Re-‐elected March 2014 March 2014 Davies Retired vies Retired March 2014 Steve Fink Retired March 2014 nk Retired March 2014 Marion Fulker Appointed April 2014 * Fulker Anthony Howarth Appointed April 2014 * HowarthHans Sauer Elected March 2014 uer Elected March 2014 Appointed ed Ian Cochrane Retired March 2014 rane John Edwards Retired March 2014 Appointed April 2014 wards Charles Fear Appointed April 2Re-‐appointed 014 March 2014 Fear Re-‐appointed March 2014 April 2014 ** Kevin Gallagher Appointed allagher Scott Staniforth -‐ Player Representative Appointed April 2Re-‐appointed 014 ** March 2014 aniforth -‐Brent Player Representative Re-‐appointed March 2014 Stewart Retired March 2014 ewart David Vaux Retired March 2014 Re-‐appointed March 2014 aux Re-‐appointed March 2014 * appointed to replace S Fink nted to replace S Fink to replace I Cochrane ** appointed nted to replace I Cochrane Executives es Mark Sinderberry -‐ Chief Executive Officer nderberry -‐ Chief Executive Maryanne Wilson -‐O Cfficer hief Financial Officer ne Wilson -‐ Chief Financial Officer BOARD MEETINGS MEETINGS The number of board meetings held and the number of meetings attended by each of the board members mber of board mteetings held aynd during he financial ear tahe re:number of meetings attended by each of the board members he financial year are: Board Meetings Board Meetings A B A B Russel Perry -‐ Chairman 11 11 erry -‐ Chairman 11 11 11 David Redpath -‐ President 11 edpath -‐ PIan resident 11 11 2 Cochrane 2 rane Leon Davies 2 2 2 2 vies 2 2 7 John Edwards 9 wards Charles Fear 7 9 11 11 Fear 11 11 2 Steve Fink 2 nk 2 2 9 Marion Fulker 9 Fulker Kevin Gallagher 9 9 5 9 allagher Anthony Howarth 5 9 9 11 HowarthHans Sauer 9 11 8 9 uer 8 9 9 Scott Staniforth -‐ Player Representative 11 aniforth -‐Brent Player Representative 9 11 1 Stewart 2 ewart David Vaux 1 2 8 11 aux 8 11 Mark Sinderberry -‐ Chief Executive Officer 11 11 nderberry -‐ Chief Executive 11 11 11 Maryanne Wilson -‐O Cfficer hief Financial Officer 11 ne Wilson -‐ Chief Financial Officer 11 11 RUGBYWA 2014 ANNUAL REPORT All Board members are non-‐executive.

Brent Stewart David Vaux

1 8

2 11

WESTERN AUSTRALIAN RUGBY UNION (11 INC.) Mark Sinderberry -‐ Chief Executive Officer 11 Maryanne Wilson -‐ Chief Financial Officer 11 11 DIRECTOR'S REPORT All Board members are non-‐executive. A -‐ N umber the of m eetings attended d members submit consolidated financial report of the Western Australian Rugby Union (Inc.) and B -‐ R(eflects the number meetings held the time t3he oard member lled entities "RugbyWA" or "the oAf ssociation") for dturing he year ended 1 DBecember 2014.held office during the year.

MEMBERSCORPORATE INFORMATION The consolidated financial report of Western Australian Rugby Union (Inc.) for the year ended 31 December 2014 was s of the bauthorised oard members throughout the year and t the date oof f tthe his broard eport nless otherwise stated a2re: for issue in accordance with a aresolution muembers on 16 February 015.

Western Australian Rugby Union (Inc.) is an Association that is incorporated and domiciled in Australia. rry -‐ Chairman path -‐ President Re-‐elected March a2t:014 The registered office of Western Australian Rugby Union (Inc.) is located es Retired March 2014 203 Underwood Avenue k Retired March 2014 FLOREAT WA 6014 ulker Appointed April 2014 * Howarth The entity employed 36 contracted players and 38 staff as of 31 December 2014 (2013: 40 contracted players and 39 staff). er Elected March 2014 REMUNERATION d Non-‐executive directors do not receive remuneration from the Association. ane Retired March 2014 PRINCIPAL ACTIVITIES ards Appointed April 2014 The principal activities of the Association during the financial Re-‐appointed year were the oM peration and management of ear arch 2014 agher Rugby Union development in Western Australia. Appointed April 2014 ** iforth -‐ Player Representative Re-‐appointed March 2014 SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS wart Retired March 2014 The Future Force Foundation was incorporated in 2014. The objectives of the Future Force Foundation are to foster and develop rugby x Re-‐appointed March 2014 players and to provide scholarships to develop their rugby and vocational skills.

ed to replace S Fink REVIEW OF OPERATIONS ted to replace I Cochrane The operating deficit for the financial year was $602,201 (2013: deficit $1,160,490).

Detailed commentary on the Association's operations are included in the Chairman's Report, Chief Executive

Officer's report and the Chief Financial Officer's report included in the 2014 Annual Report. s erberry -‐ Chief Executive Officer EVELOPMENTS e Wilson FUTURE -‐ Chief FDinancial Officer AND RESULTS

The improved team performance in 2014 has set the platform for an improved financial performance in 2015. Together with the ongoing review and restructure of operating expenditure to improve efficiency, the directors MEETINGSare confident that the strategy adopted will return the Association to reporting a surplus over the course of the short to medium term.

er of board meetings held and the number of meetings attended by each of the board members e financial year are: EVENTS AFTER THE BALANCE DATE SIGNIFICANT Subsequent to year end the Association has negotiated a short term unsecured interest free loan to underpin the Board Meetings 2015 cashflow. A B rry -‐ Chairman 11 11 ENVIRONMENTAL REGULATION AND PERFORMANCE path -‐ President 11 11 The association is not subject to any particular or significant environmental regulation. ane 2 2 es 2 2 INDEMNIFICATION OF DIRECTORS AND AUDITORS ards 7 9 policies of insurance The Association has not indemnified any of the directors or officers nor taken out ear 11 11 in respect of the directors' liability. k 2 2 ulker 9 9 To the extent permitted by law, the Association has agreed to indemnify its auditors, Ernst & Young, as part of agher the terms of its audit engagement agreement against claims by third 5 parties arising 9 from the audit (for an during or since the financial year. Howarth unspecified amount). No payment has been made to indemnify Ernst 9 & Young 11 The A ssociation s hall h ave n o o bligation h ereunder t o t he e xtent t hat E rnst & Y oung er 8 9 has specifically authorised in writing, third party reliance on the report. iforth -‐ Player Representative 9 11 wart 1 2 PROCEEDINGS ON BEHALF OF THE ASSOCIATION x 8 11 No person has applied for leave of Court to bring proceedings on behalf of the Association or intervene in any proceedings to which the Association is a party for the purpose of taking responsibility on behalf of the

erberry -‐Association Chief Executive 11 was not a11 for all fO or fficer any part of those proceedings. The Association party to any such proceedings e Wilson during -‐ Chief tFhe inancial 11 11 year. Officer 44

RUGBYWA 2014 ANNUAL REPORT

WESTERN AUSTRALIAN RUGBY UNION (INC.) DIRECTOR'S REPORT PRINCIPAL ACTIVITIES

The psrincipal of the Association during the year wA ere the operation nd management ard members ubmit atctivities he consolidated financial report of financial the Western ustralian Rugby aU nion (Inc.) and of Rugby (U nion development in AWssociation") estern Australia. rolled entities "RugbyWA" or "the for the year ended 31 December 2014. PRINCIPAL ACTIVITIES The p rincipal activities of the A during in the financial ear were othe operation nd mFanagement f to foster and develop rugby Future Force Foundation wssociation as incorporated 2014. The oybjectives f the Future Faorce oundation aore Rugby U nion d evelopment i n W estern A ustralia. players and to provide scholarships to develop their rugby and vocational skills.

SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS MEMBERS

mes of the board members throughout the year and at the date of this report unless otherwise stated are:

SIGNIFICANT HANGES IN THE STATE OF AFFAIRS REVIEW OF OC PERATIONS The Fouture F orce Foundation was incorporated 2014. T(2013: he objectives f the Future Force Foundation are to foster and develop rugby perating deficit for the financial year was $in 602,201 deficit $o1,160,490). players a nd t o p rovide s cholarships t o d evelop t heir r ugby a nd v ocational kills. erry -‐ Chairman Detailed commentary on the Association's operations are included in the Cshairman's Report, Chief Executive report and the Chief Financial Officer's report included in the 2014 nnual 2R014 eport. edpath -‐ POfficer's resident Re-‐elected MAarch REVIEW OF OPERATIONS vies Retired March 2014 The operating deficit for the financial year was $602,201 (2013: deficit $M1,160,490). FUTURE DEVELOPMENTS AND RESULTS nk Retired arch 2014 Detailed c ommentary o n t he A ssociation's o perations a re i ncluded in n itmproved he Chairman's Report, Chief Executive The i mproved t eam p erformance i n 2 014 h as s et t he p latform f or a Fulker Appointed April financial 2014 *performance in 2015. Officer's r eport a nd t he C hief F inancial O fficer's r eport i ncluded i n t he 2 014 A nnual R eport. Together with the ongoing review and restructure of operating expenditure to improve efficiency, the directors Howarth are confident that the strategy adopted will return the Association to reporting a surplus over the course of the uer Elected March 2014 FUTURE DEVELOPMENTS short to m edium term. AND RESULTS The improved team performance in 2014 has set the platform for an improved financial performance in 2015. ed Together with EtVENTS he ongoing review nd restructure SIGNIFICANT AFTER THE BaALANCE DATE of operating expenditure to improve efficiency, the directors c onfident t hat t he s trategy a dopted w ill the Aassociation to urnsecured eporting surplus free over the tco ourse of the rane are March 2ai014 Subsequent to year end the Association has rneturn egotiated short Retired term nterest loan underpin the short t o m edium t erm. wards 2015 cashflow. Appointed April 2014

Fear Re-‐appointed March 2014 SIGNIFICANT EVENTS AFTER THE ABND ALANCE DATE REGULATION PERFORMANCE allagher ENVIRONMENTAL Appointed April 2014 ** Subsequent to yiear end the Association has negotiated a short term unsecured nterest free loan to underpin the The a ssociation s n ot s ubject t o a ny p articular o r s ignificant e nvironmental regulation. aniforth -‐ Player Representative Re-‐appointed Miarch 2014 2015 cashflow. ewart Retired March 2014 INDEMNIFICATION OF DIRECTORS AND AUDITORS aux Re-‐appointed March 2014 ENVIRONMENTAL REGULATION AND PERFORMANCE The Association has not indemnified any of the directors or officers nor taken out policies of insurance The association ot subject to any particular or significant environmental regulation. in respect of the is dnirectors' liability.

nted to replace S Fink nted to rTo eplace I Cochrane INDEMNIFICATION OF DbIRECTORS AUDITORS the extent permitted y law, the AAND ssociation has agreed to indemnify its auditors, Ernst & Young, as part of The tAerms ssociation as neot indemnified any of the directors or obfficers nor taken out policies f iansurance the of its ahudit ngagement agreement against claims y third parties arising from to he udit (for an

in respect of atmount). he directors' liability.has been made to indemnify Ernst & Young during or since the financial year. unspecified No payment es The A ssociation s hall h ave n nderberry -‐ Chief Executive Officero obligation hereunder to the extent that Ernst & Young has specifically authorised To wthe extent permitted by law, the Arssociation has agreed to indemnify its auditors, Ernst & Young, as part of in hird party reliance on the eport. ne Wilson -‐ Criting, hief Ftinancial Officer

the terms of its audit engagement agreement against claims by third parties arising from the audit (for an unspecified amount). No payment been made to indemnify Ernst & Young during or since the financial year. PROCEEDINGS ON BEHALF OF THE hAas SSOCIATION MEETINGS The pAerson ssociation shall have o obligation to the extent Ernst YAoung has specifically authorised No has applied for lneave of Court htereunder o bring proceedings on tbhat ehalf of t& he ssociation or intervene riting, third party on Atssociation he report.is a party for the purpose of taking responsibility on behalf of the in awny proceedings to rweliance hich the mber of board meetings nd ptart he onf umber f meetings attended by ewach f tahe board Association for ah ll eld for aany those poroceedings. The Association as noot party to am ny embers such proceedings he financial year are: PROCEEDINGS during the year.ON BEHALF OF THE ASSOCIATION No person has applied for leave of Court to bring proceedings on bBoard ehalf of Mthe Association or intervene eetings in any pin roceedings to w with hich he Association is maembers party for on behalf of the Signed accordance a rtesolution of the of tthe he pBurpose oard. A of taking responsibility B Association f or a ll f or a ny p art o f t hose p roceedings. T he A ssociation w as n ot a p arty t o a ny s uch proceedings erry -‐ Chairman 11 11 during t he y ear. edpath -‐ President 11 11 rane Russel Perry 2 2 Signed i1n 6 aFccordance with a resolution of the members of the Board. Dated: ebruary 2015 vies 2 2 Perth

wards Fear Russel Perry nk Dated: 16 February 2015 Fulker Perth allagher Howarth uer aniforth -‐ Player Representative ewart aux

7 11 2 9 5 9 8 9 1 8

9 11 2 9 9 11 9 11 2 11

nderberry -‐ Chief Executive Officer ne Wilson -‐ Chief Financial Officer

11 11

RUGBYWA 2014 ANNUAL REPORT

WESTERN AUSTRALIAN RUGBY (INC.) UNION (INC.) WESTERN AUSTRALIAN RUGBY UNION CONSOLIDATED CONSOLIDATED STATEMENT STATEMENT OF COMPREHENSIVE OF COMPREHENSIVE INCOME INCOME YEAR ENDED YEAR 31 ENDED DECEMBER 31 DECEMBER 2014 2014 Note

2013 $ 2a 15,968,219 16,734,266 2b 500,000 -‐

REVENUE FROM CONTINUING OPERATIONS OTHER INCOME OPERATING EXPENDITURE Commercial services expenses Media services expenses Community rugby expenses Professional rugby expenses Corporate services expenses Stadium infrastructure expenses

3a (5,372,478) (5,651,582) (418,700) (362,056) (980,165) (986,664) (8,186,873) (8,585,778) (2,028,407) (2,199,765) 3b (83,798) (108,911)

NET DEFICIT Other comprehensive income Total comprehensive deficit for the period The above Consolidated Statement of Comprehensive Income should be read in conjunction with the accompanying notes.

RUGBYWA 2014 ANNUAL REPORT

2014

(602,202) (1,160,490) -‐ -‐ (602,202) (1,160,490)

WESTERN AUSTRALIAN UGBY UNION (INC.) (INC.) WESTERN AUSTRALIAN WESTERN RA UGBY USTRALIAN URNION R(INC.) UGBY UNION CONSOLIDATED S TATEMENT O F F INANCIAL POSITION CONSOLIDATED CONSOLIDATED STATEMENT STATEMENT FINANCIAL RPOUGBY OSITION F FINANCIAL OSITION WESTERN O AF USTRALIAN UNION (PINC.) AT 3 1 D ECEMBER 2 014 AT 3 1 D ECEMBER AT 2 3 014 1 D ECEMBER 2 014 CONSOLIDATED STATEMENT OF FINANCIAL POSITION AT 31 DECEMBER 2014 Note Note Note

CURRENT ASSETS NT ASSETS CURRENT ASSETS aeCash nd cash ash and Cash c ash quivalents nd ecquivalents ash equivalents CURRENT AaSSETS Trade a nd o ther receivables rade and other Trade receivables nd co ther receivables Cash aand ash equivalents nventoryInventory Inventory Trade and other receivables Other aOther cssets urrent assetsassets Other current current Inventory TOTAL TOTAL CA URRENT ASSETS CURRENT SSETS CURRENT ASSETS Other current assets

TOTAL CURRENT ASSETS NON-‐CURRENT URRENT NON-‐CURRENT ASSETS ASSETS ASSETS pelant apnd equipment roperty, Property, p lant Property, a nd quipment and equipment NON-‐CURRENT Alant SSETS TOTAL N ON-‐CURRENT A SSETS NON-‐CURRENT TOTAL NAON-‐CURRENT SSETS plant and ASSETS Property, equipment

Note 4 5 6 7

TOTAL CURRENT LIABILITIES NON-‐CURRENT LIABILITIES URRENT NON-‐CURRENT LIABILITIES LIABILITIES Employee entitlements mployee e ntitlements Employee ntitlements NON-‐CURRENT LeIABILITIES Non-‐interest b earing loans aloans nd borrowings Non-‐interest bearing Non-‐interest loans abnd earing borrowings and borrowings Employee entitlements TOTAL TOTAL NON-‐CURRENT LIABILITIES NON-‐CURRENT N L ON-‐CURRENT IABILITIES L IABILITIES Non-‐interest bearing loans and borrowings

1,952,253 4 4 593,453 593,453 593,453 1,952,253 1,95 5 996,995 351,816 5 351,816 35 4 996,995 996,995 593,453 1,95 6 6 5 75,470 75,470 996,995 75,470 22,896 22,896 35 2 7 124,437 82,149 7 75,470 8 6 124,437 124,437 82,149 2 1,790,355 2,409,114 7 1,790,355 1,790,355 2,409,114 2,40 124,437 8

8 8 799,601 799,601 799,601 775,634 775,634 77 799,601 775,634 8 799,601 799,601 799,601 775,634 77 77

2,589,956 3,18 9 10 11 12

9 9 412,683 412,683 412,683 454,062 454,062 45 10 3,191,020 2,765,922 10 9 3,191,020 412,683 3,191,020 2,765,922 2,76 45 11 11 10 254,905 254,905 3,191,020 254,905 167,228 167,228 16 2,76 12 320,000 386,500 11 12 320,000 320,000 38 254,905 386,500 16 4,178,608 3,773,712 3,773,712 12 4,178,608 4,178,608 3,77 320,000 38

4,178,608 3,77

11 12

11 11 189,310 189,310 189,310 155,880 155,880 15 12 806,327 1,237,244 12 806,327 1,237,244 11 806,327 189,310 1,23 15 995,637 1,393,124 12 995,637 995,637 1,393,124 806,327 1,39 1,23

995,637 1,39 5,174,245 5,166,836 5,174,245 5,174,245 5,166,836 5,16

TOTAL LIABILITIES NET LIABILITIES ABILITIES NET LIABILITIES

5,174,245 5,16 (2,584,289) (2,584,289) (2,584,289) (1,982,088) (1,982,088 (1,98

NET LIABILITIES

Accumulated deficit

2013 $

799,601 77 2,589,956 3,184,748 2,589,956 2,589,956 3,184,748 3,18

TOTAL NON-‐CURRENT LIABILITIES TOTAL TOTAL LIABILITIES LIABILITIES LIABILITIES

MEMBERS' FUNDSFUNDS ERS' FUNDS MEMBERS' Accumulated deficit ccumulated deficit Accumulated MEMBERS' FUNDS deficit

2014 2014 2013 $ 2014

1,790,355 2,40

TOTAL NON-‐CURRENT ASSETS TOTAL TOTAL ASSETS ASSETS ASSETS

TOTAL ASSETS CURRENT LIABILITIES NT LIABILITIES CURRENT LIABILITIES Trade and other pther ayables rade and o ther Trade p ayables and o payables CURRENT LIABILITIES Unearned r evenue Unearned revenue Unearned Trade and roevenue ther payables Employee entitlements mployee entitlements Employee ntitlements Unearned erevenue Non-‐interest bearing loans aloans nd borrowings Non-‐interest bearing Non-‐interest loans abnd earing borrowings and borrowings Employee entitlements TOTAL C URRENT L IABILITIES CURRENT TOTAL LIABILITIES C URRENT L IABILITIES Non-‐interest bearing loans and borrowings

2014

(2,584,289) (1,98 13

(2,584,289) (1,982,088 13 13 (2,584,289) (2,584,289) (1,982,088) (1,98 (2,584,289) (1,982,088 13 (2,584,289) (2,584,289) (1,982,088) (1,98 (2,584,289) (1,98

The above onsolidated Statement of FPinancial osition should he above Consolidated The aCbove Statement Consolidated of Financial Statement osition of Financial sPhould Pbosition e read sihould nbe read be inread in conjunction w ith t he a ccompanying n otes. onjunction with conjunction the accompanying with the n accompanying otes. The above Consolidated Statement onf otes. Financial Position should be read in

(2,584,289) (1,98

conjunction with the accompanying notes.

RUGBYWA 2014 ANNUAL REPORT

WESTERN AUSTRALIAN RUGBY NION INC.) (INC.) WESTERN AUSTRALIAN RWESTERN UGBY UNION (INC.) AUSTRALIAN RU UGBY U(NION CONSOLIDATED S TATEMENT O F C ASHFLOWS CONSOLIDATED STATEMENT OF CASHFLOWS CONSOLIDATED STATEMENT OF CASHFLOWS YEAR EYEAR NDED 31 DECEMBER 2014 2014 YEAR ENDED 31 DECEMBER 2014 ENDED 31 DECEMBER Note Note 2014

2013 $

Receipts from mfrom embers and sponsors Receipts members and sponsors Operating g rants r eceived Operating grants received Payments to suppliers and employees Payments to suppliers and employees Interest r eceived Interest received GST paid GST paid

10,825,670 4,997,370 (15,836,710) 25,108 (890,109)

13,505,845 4,280,000 (18,167,363) 60,663 (853,445)

Net cash used operating activities Net cash in used in operating activities

14 (878,671) 14 (1,174,300)

CASH FCASH LOWS FROM FOROM PERATING ACTIVITIES FLOWS OPERATING ACTIVITIES

CASH FCASH LOWS FROM FINVESTING ACTIVITIES FLOWS ROM INVESTING ACTIVITIES Purchase of property, plant apnd equipment Purchase of property, lant and equipment Sales oSales f property, p lant a nd e quipment of property, plant and equipment

(160,129) (71,400) -‐ 268,515

Net cash used investing activities Net cash in used in investing activities

(160,129) 197,115

CASH FCASH LOWS FROM FFROM INANCING ACTIVITIES FLOWS FINANCING ACTIVITIES Loan repayments Loan repayments Repayment of leases Repayment of leases

(320,000) (260,000) -‐ (25,309)

Net cash used financing activities Net cash in used in financing activities

(320,000) (285,309)

Net decrease in cash in and cash equivalents Net decrease cash and cash equivalents

(1,358,800) (1,262,494)

Cash aCash nd cash equivalents at beginning of period and cash equivalents at beginning of period

1,952,253 3,214,747

Cash aCash nd cash equivalents at end aot f epnd eriod and cash equivalents of period

4 593,453 1,952,253 4

The above onsolidated Statement of Cashflows should sbhould e read in read conjunction with the The aCbove Consolidated Statement of Cashflows be in conjunction with the accompanying notes. notes. accompanying

RUGBYWA 2014 ANNUAL REPORT

WESTERN WESTERN AUSTRALIAN WESTERN RAUGBY AUSTRALIAN USTRALIAN UNION INC.) UGBY NION (INC.) WESTERN R(RUGBY UUNION AUSTRALIAN RUGBY UNION (INC.)(INC.) CONSOLIDATED CONSOLIDATED S TATEMENT O F S C TATEMENT HANGES I N O E F QUITY C HANGES I EQUITY CONSOLIDATED STATEMENT OF CHANGES IN N EQUITY CONSOLIDATED STATEMENT OF CHANGES IN EQUITY YEAR ENDED 3YEAR 1 EYEAR DNDED ECEMBER ENDED 014 1 DDECEMBER ECEMBER 014 ENDED 3231 YEAR 31 DECEMBER 201422014 Members Members Funds Members FundsTotal Members Funds Funds

Tota

anuary At 11 J anuary January 014 At 12 014 JAt anuary 201422014 t for Deficit the pDeficit eriod Deficit f or t he eriod f or t he p for the periodperiod comprehensive Other i c ncome omprehensive income Other c omprehensive income Other comprehensive income December At 2 014 3 1 D ecember 2 014 31 December At 31 At December 20142014

(1,982,088) (1,982,088) (1,982,088) (1,98 (1,982,088) (1,982 (1,982,088) (1,982,088 (602,201) (602,201) (602,201) (602,201) (602,201 (602,201) (602 (60 -‐ -‐ -‐ -‐ -‐ -‐ (2,584,289) (2,584,289) (2,584,289) (2,584,289) (2,584 (2,58 (2,584,289) (2,584,289

anuary At 11 J anuary January 013 At 12 013 JAt anuary 201322013 t for Deficit the pDeficit eriod Deficit f or t he eriod for pteriod he pperiod for the comprehensive Other icncome omprehensive income Other comprehensive income Other comprehensive income December At 2 013 3 1 D ecember 2 013 At 3 1 D ecember 2 013 At 31 December 2013

(821,598) (821,598) (821,598) (821,598) (821,598 (82 (821,598) (821 (1,160,490) (1,160,490) (1,160,490) (1,16 (1,160,490) (1,160 (1,160,490) (1,160,490 -‐ -‐ -‐ -‐ -‐ -‐ (1,982,088) (1,982,088) (1,982,088) (1,98 (1,982,088) (1,982 (1,982,088) (1,982,088

bove The Consolidated The above aCbove SC tatement Consolidated onsolidated of CShanges Statement Eoquity of f CChanges hanges sihould bEe Esquity rhould ead sihould sn hould onjunction read ith conjunction the with w with ith the the tatement in in quity bbe e rin ead iw n in conjunction aThe bove onsolidated Statement of in Changes n Equity bce read conjunction the mpanying n accompanying otes. n otes. accompanying n otes. accompanying notes.

RUGBYWA 2014 ANNUAL REPORT

WESTERN AUSTRALIAN WESTERN RUGBY UUSTRALIAN NION (INC.) RUGBY UNION (INC.) WESTERN AUSTRALIAN RA UGBY UNION (INC.) NOTES O THE FINANCIAL STATEMENTS TY HE YEAR NOTES TO THE FTINANCIAL NOTES STTATEMENTS O THE FINANCIAL FOR FTOR HE STATEMENTS EAR FOR THE YEAR 31 DECEMBER ENDED ENDED 31 DECEMBER ENDED 201423014 1 DECEMBER 2014 NOTE 1: STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES

ATEMENT NOTE OF SIGNIFICANT 1: STATEMENT ACCOUNTING OF SIGNIFICANT POLICIES ACCOUNTING POLICIES (a)

Basis of Preparation

Basis f Preparation Basis report of Preparation This co(a) onsolidated financial is a general purpose financial report, which has been prepared in accordance with the financial reporting requirements onsolidated f inancial This c onsolidated r eport i s a g f eneral inancial urpose report ifs inancial a gAeneral report, paurpose wustralian hich financial has Abccounting een report, prepared hich in has aaccordance been prepared with the in apfccordance inancial reporting with of the requirements fAinancial of the Associations Incorporation Apct of Western ustralia nd A Sw tandards nd other authorative ronouncements the ustralianreportin Accounting and ther authorative ronouncements f the Australian ccounting The fainancial report has also pArepared Associations Incorporation of the Standards Associations Act of oIW ncorporation estern Australia Apct oaf nd Western Australian Aoustralia Accounting and Australian SAtandards Accounting aStandards nd other BSaoard. tandards uthorative nd pronouncements other authorative obf een tphe ronouncements ustralian o on a hAccounting istorical cost Sbatandards asis. The financial report is presented in A ustralian dollars. nting Standards and other uthorative and pronouncements other authorative o f t p he ronouncements A ustralian A ccounting o f t he A ustralian S tandards A ccounting B oard. T he S tandards f inancial B r oard. eport h T as he a f lso inancial b een r p eport repared h as a ls WESTERN AUSTRALIAN RUGBY UNION (INC.) istorical cost bon asis. a hTistorical he financial cost report basis. iTs he presented financial in report Australian is presented dollars.in Australian dollars.

Cash Management NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 014 The Association has a net current liability position of $2,388,253 (2013: $21,364,598) and a net liability position of $2,584,289 (2013: $1,982,088) as at Management Cash M anagement 31 D ecember 2 014 a nd a n et d eficit f or t he y ear o f $ 602,201 ( 2013: $ 1,160,490) NOTE 1: STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES

ssociation has aThe net Acssociation urrent liability has ap nosition et current of $2,388,253 liability position (2013: o$f 1,364,598) $2,388,253 a(nd 2013: a net $1,364,598) liability position and a onf et $2,584,289 liability position (2013: o$f 1,982,088) $2,584,289 a(s 2013: at $1,98 cember 2014 a 31 nd D a ecember n et d eficit 2 014 f or t a he nd y a ear n et o f d eficit $ 602,201 f or t he ( 2013: y ear $ o 1,160,490) f $ 602,201 ( 2013: $ 1,160,490) (a) consolidated Basis of financial Preparation The report has been prepared on a going concern basis. In arriving at this position the directors have had regard to the fact that This A consolidated report is ad girectors’ eneral purpose financial has been prepared cin accordance the financial reporting requirements the ssociation financial has, or in the opinion will report, have wahich ccess to, sufficient ash to fund waith dministrative and other committed expenditure for a period of the Associations Incorporation Act of Western Australia and Australian Accounting Standards and other authorative pronouncements of the Australian

of ot The less Sctandards tonsolidated han 12 am futhorative rom he rpdeport ate oof hn this onsolidated fninancial report honths bfainancial een ptrepared as a gbreport. oing een cArepared oncern oasis. n a gIn oing arriving concern at t his asis. osition In arrriving the daairectors t tbhis have had the regard directors to the have fact had that regard to Accounting nd oas ther ronouncements of the p ustralian Ab ccounting Standards Board. Tbhe fp inancial eport has lso een p position repared on a historical che ost bdasis. The h financial is pill Australian dollars. ssociation h as, the or in Atssociation irectors’ as, opinion or report in the w dresented irectors’ have ian ccess opinion to, sw ufficient ill have caash ccess to tfo, und sufficient administrative cash to afund nd oather dministrative committed and expenditure other committed for a period expenditu forming this view he 1 irectors have taken into consideration the following. less than In 12 mof onths not lfess rom than tthe dd2 ate months of this from report. the date of this report. Cash Management The Association has a net current liability position of $2,388,253 (2013: $1,364,598) and a net liability position of $2,584,289 (2013: $1,982,088) as at

Included within current liabilities is unearned revenue of $3,191,020 (2013: $2,765,922) which does not require a cash outlay. Excluding the unearned

December 2014 and a h net eficit or the year c of $602,201 $t1,160,490) ming this v31 iew tIn he forming diirectors this ave vadiew taken tfhe irectors onsideration have (2013: taken he itnto following. onsideration revenue n a liquidity nalysis ads into at 31 December 2014, he Acssociation has at nhe et fcollowing. urrent asset position of $802,767;

The consolidated financial report has been prepared on a going concern basis. In arriving at this position the directors have had regard to the fact that

the ssociation has, or w in ithin the irectors’ opinion ww ill ith have ais ccess to, sufficient cash fund and other cd ommitted expenditure for eriod uded within cAurrent Included is ucnearned urrent iabilities revenue of u$nearned 3,191,020 revenue (2013: oa$ f va2,765,922) $dministrative 3,191,020 w(2013: hich $he 2,765,922) not roequire which a ca ash oes outlay. noot require Excluding a cash he outlay. unearned Excludin On going dliabilities iscussions hdave been hleld the W A government wto ith iew to renegotiating toes terms f the loan fpdor the riginal stadium dtevelopment of not less than 12 months from the date of this report. (carrying v alue o f $ 1,126,327 a s a t 3 1 D ecember 2 014); enue in a liquidity revenue analysis in as aa lt iquidity 31 December analysis 2a014, s at t3he 1 DAecember ssociation 2014, has at he net Acssociation urrent asset has paosition net current of $802,767; asset position of $802,767; In forming this view the directors have taken into consideration the following.

Agreement hb as bdeen made for htahe n interest fhree loan o underpin the 015 going discussions On have going een iscussions held with ave WbA een government eld short with term tw he ith W aA vgtiew overnment to renegotiating w2ith a cvashflow; iew the to erms renegotiating of the loan the for terms the original of the sloan tadium for tdhe evelopment original stadiu Included within current liabilities is unearned revenue of $3,191,020 (2013: $2,765,922) which does not require a cash outlay. Excluding the unearned rying value revenue of $1,126,327 (carrying vas alue at 3o1 1,126,327 014); s att he 31 December 014); in a liquidity a nalysis af s D a$t ecember 31 December 22a 014, Association has a n2et current asset position of $802,767; Significant uplift in the boardcast revenues in 2016; and

On going discussions have been held with the WA government with a view to renegotiating the terms of the loan for the original stadium development eement has (carrying bceen Agreement m ade areview h n as interest een m ree ade short for n term interest loan ftree o uonderpin short the loan 2015 to cashflow; uinderpin the 015 cashflow; value of f$or 1,126,327 abs o af t 3e1 Dfecember 2014); A omprehensive xpenditure haas b een carried ut with tierm mprovements n efficiency m2ade for 2015. Agreement has been made for an interest free short term loan to underpin the 2015 cashflow;

The iAn ssociations ability o ciontinue a2s 016; a going oncern and its adnd ebts and future commitments as and when they fall due is dependant on a number nificant uplift the Significant boardcast uplift rtevenues n the ibn oardcast and rcevenues in m2eet 016; of Significant factors, iuncluding; plift in the boardcast revenues in 2016; and

omprehensive review A comprehensive of expenditure review has boeen f expenditure carried out hwas ith been improvements carried out iw n ith efficiency improvements made for in 2e015. fficiency made for 2015. A comprehensive review of expenditure has been carried out with improvements in efficiency made for 2015. Continued support of the Australian Rugby Union, members, sponsors and financiers.

The Associations ability to continue as a going concern and meet its debts and future commitments as and when they fall due is dependant on a number ssociations ability The to AAssociations cssociation ontinue ans aability going to cconcern ontinue and as am geet oing its concern debts and and future meet cits ommitments debts and future as and commitments when they fall as due and is wdhen ependant they fall on daue number is dependa Should the ot achieve the matters set out above there is significant uncertainty whether the Association will continue as a going concern of factors, including; tors, including; of factors, including; and therefore whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial

Continued support of the Australian Rugby Union, members, sponsors and financiers. report. The consolidated financial report does not include any adjustment relating to the recoverability or classification of recorded asset amounts or to tinued support Continued f Atssociation he oAr ustralian support Rugby tatters he Union, Asustralian m R ugby Union, uam embers, financiers. ponsors annd inanciers. the amounts classification oof f liabilities might be sis ponsors nsecessary snd hould the Asssociation ot bfw e ill acble to continue s a going concern. Should to he not achieve the m et othat ut aembers, bove there ignificant ncertainty whether the Association ontinue as a going a concern and therefore whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial

report. The consolidated financial rC eport oes not include any adjustment relating to the recoverability or classification of recorded asset amounts or to (b) of m ompliance d the Association Should not atStatement chieve he Association the atters ndot aset chieve out atbove he matters there iss et significant out above uncertainty there is significant whether utncertainty he Association whether will ctontinue he Association as a going will cconcern ontinue as a g the amounts or classification of liabilities that might be necessary should the Association not be able to continue as a going concern. The f inancial r eport c omplies w ith A Accounting Satandards issued the Australian Accounting Standards Business oard. satated herefore whether and it tw herefore ill realise wihether ts assets it w australian nd ill reealise xtinguish its assets its liabilities nd extinguish in ats he normal its bly iabilities course in of the business normal and course at the of abmounts nd at itn he the amounts financialstated in t

(b) of Compliance t. The consolidated report. fStatement inancial The consolidated report does financial not include report any daoes djustment not include relating any tao djustment the recoverability relating too r tche lassification recoverability of recorded or classification asset amounts of recorded or to asset The inancial rieport complies with Australian ccounting Standards as issued by the Australian Accounting Standards Board. (i) Cfhanges n accounting policy and dAisclosures mounts or classification the amounts of liabilities or classification that might of lbiabilities e necessary that sm hould ight bthe e nA ecessary ssociation should not bte he able Association to continue not abs e aa gble oing to cconcern. ontinue as a going concern. (i) Changes in accounting policy and disclosures

The accounting policies adopted are consistent with those of the previous financial year except as follows:

Statement (b) of Compliance Statement of Cwompliance The accounting policies adopted are consistent ith those of the previous financial year except as follows: Application of AASB 0 Consolidated Financial nancial report cThe omplies financial with 1report Australian complies Accounting with ASustralian Statements. tandards Accounting as issued bSy tandards the Australian as issued Accounting by the Australian Standards Accounting Board. Standards Board. Application of AASB 10 Consolidated Financial Statements.

In addition tphe Association has adopted all tnd he and amended Australian Accounting Standards and AASB Interpretations as of 1 January 2013, anges in accounting (i) Cthanges ain nd ahccounting disclosures olicy dnew isclosures In addition he Aolicy ssociation as adopted all p the new aand amended Australian Accounting Standards and AASB Interpretations as of 1 January 2013, including including

ccounting Reference pReference olicies The aadopted ccounting onsistent adopted with tahose re consistent of the previous with those financial of the year previous except fainancial s follows: year except as follows: Title Summary Title are pcolicies Summary AASB 13

AASB 13

Fair Value

AASB 13 establishes a single source of guidance for determining the fair value of assets and liabilities. AASB 13 does not change when an entity is

AASB 13 establishes a single source of guidance for determining the fair value of assets and liabilities. AASB 13 does not ch

Measurement required to use fair value, but rather, provides guidance on how to determine fair value when fair value is required or permitted. Application of this ation of AASB 1Application 0 Consolidated of AASB Financial 10 definition Consolidated Statements. Financial Measurement required o duifferent se fair fSair vtatements. alue, rather, provides on hCow to determine fair value hen fair s required or per may result tin values bbut eing determined for the gruidance elevant assets. onsequential amendments were aw lso made to voalue ther sitandards

via AASB 2definition 011-‐8. may result in different fair values being determined for the relevant assets. Consequential amendments were al

as via na o dopted impact aadopting standard. dition the Association In addition has atdopted he Association all tThere he nhwew as nd amended ll the Atnhis ustralian ew and aAmended ccounting Australian Standards Accounting and AASB SInterpretations tandards and AaASB s of I1nterpretations January 2013, as of 1 Janu A ASB 2of 011-‐8. AASB 2011-‐4 Employee Benefits The revised standard changes the definition of short-‐term employee benefits. The distinction between short-‐term and other long-‐term employee ing including There w as n o i mpact o f a dopting t his s tandard. benefits is now based on whether the benefits are expected to be settled wholly within 12 months after the reporting date. Consequential

ence 13

AASB 2011-‐4 Employee Benefitsamendments The wrere evised tandard changes the of short-‐term employee benefits. The distinction between short-‐term and oth also msade to other standards via d Aefinition ASB 2011-‐0.

benefits is nSummary ow hbad ased on whether benefits expected to obf e settled wholly within 12 months after the reporting dat Title Reference Title Summary Application of this standard no significant impact tohe n the financial arre esults or position the Association. AASB 2011-‐4 Amendments to This amendment deletes from AASB 124 m individual key management personnel disclosure requirements for disclosing entities that are not companies. amendments w ere a lso ade t o o ther s tandards v ia A ASB 2 011-‐0. Fair Value AASB Australian 13 Fair VAASB alue 13 establishes AASB a single 13 seource stablishes of guidance a single for source determining of guidance the fair or dvetermining alue of assets the and fair liabilities. value of aAssets ASB 1a3 nd does liabilit no Accounting It also removes the individual KMP disclosure requirements for all disclosing entities in relation to equity holdings, loans and other related party ono f timpact his bsut tandard nsvo significant mpact o he ftinancial results r hpow osition oetermine f hen the fAair ssociation. Measurement required to Application use fair vrequired alue, use hfad air rovides alue, bguidance ut riather, on pn rovides htow o dguidance etermine on foair value to dw vfalue air value is required when foair r Standards to Measurement Remove transactions. There was otf ro aather, dopting tp his tandard. Key AASB 2011-‐4Individual Amendments to This deletes ffrom ASB individual key management petermined ersonnel disclosure for dCisclosing ent definition m ay armendment esult definition in different may air result vAalues in 1b24 deing ifferent determined fair values for being the rdelevant assets. for Cthe onsequential rrequirements elevant assets. amendments onsequent w er Management Personnel Australian Accounting It also removes he individual via AASB 2011-‐8. via AtASB 2011-‐8.KMP disclosure requirements for all disclosing entities in relation to equity holdings, loans a Disclosure Standards to Remove transactions. There was no impact of adopting this standard. Requirements [AASB There was no impact There of adopting was no this impact standard. of adopting this standard. Individual Key 124]

2011-‐4 Employee AASB Benefits 2011-‐4 Employee The revised Benefits standard The changes revised the standard definition changes of short-‐term the definition employee of short-‐term benefits. Tehe mployee distinction benefits. between The d short-‐term istinction baetw nd Management Personnel Disclosure benefits is now based benefits on whether is now the based benefits on wahether re expected the benefits to be settled are expected wholly w to ithin be settled 12 months wholly after within the 1reporting 2 month 50 RUGBYWA 2014 REPORT Requirements [AASB ANNUAL amendments were aamendments lso made to other were satandards lso made via to AoASB ther 2s011-‐0. tandards via AASB 2011-‐0. 124]

WESTERN AUSTRALIAN RUGBY UNION (INC.)

WESTERN AUSTRALIAN RUGBY UNION (INC.) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR 31 DECEMBER 2014 NOTES TO THE FINANCIAL SENDED TATEMENTS FOR THE YEAR WESTERN AUSTRALIAN RUGBY UNION (INC.)

ENDED 31 DECEMBER 2014

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED i3mpact 1 DECEMBER 2014consolidated financial report with regards to the adoption of the new The Association has considered that there is no material on the

ATEMENT OF SIGNIFICANT ACCOUNTING POLICIES and amended Australian Accounting Standards and AASB Intrepretations.

The Association has considered that there is no material impact on the consolidated financial report with regards to the adoption of the new

Basis f nd Preparation and aoa mended Australian a Applicable ccounting Standards and AASB Intrepretations. New amended Australian Accounting Standards and Interpretations that have recently been issued or onsolidated f inancial report iot s ay get eneral purpose financial raeport, wbhich has been prepared accordance with the financial reporting requirements amended b ut a re n e ffective h ave n ot b een dopted y the or itssued he ian reporting period New and amended applicable Australian Accounting Standards and Interpretations that ahssociation ave recently bfeen onnual r Associations I ncorporation A ct o f W estern A ustralia a nd A ustralian A ccounting S tandards a nd o ther a uthorative pronouncements of the Australian amended but are not yet e2 ffective ave a not adopted by tthe he atssociation for the annual reporting period ended 31 December 014 ahnd re boeen utlined in able below. nting Standards other 2014 authorative pronouncements ended 3a 1 nd December and are outlined in the table below. of the Australian Accounting Standards Board. The financial report has also been prepared storical cThe ost bAasis. The financial is presented in Australian dollars. ssociation has not ryeport et completed its assessment of the standards noted but for new and amended Australian Accounting Standards and The Association has not yet completed its assessment of the standards noted but for new and amended Australian Accounting Standards and

Interpretations effective 1 January 015 it is expected there ill be no significant the Association. impact on the Association. Interpretations effective 1 J2anuary 2015 it is ewxpected there wimpact ill be onn o significant Management sociation has a net current liability position of $2,388,253 (2013: $1,364,598) and a net liability position of $2,584,289 Application (2013: $d1,982,088) as date at for ate Application Reference Titledeficit for the year of standard Association ember 2014 and a net of $602,201 (2013: $1,160,490) Summary AASB 9 Financial 2014) is a new Principal standard which replaces AASB 139. This new Principal version 1-‐Jan-‐18 1-‐Jan-‐18 Reference TitleInstruments AASB 9 (December Summary supersedes AASB 9 issued in December 2009 (as amended) and AASB 9 (issued in December 2010) and nsolidated f inancial r eport h as b een p repared o n a g oing c oncern b asis. I n a rriving a t t his p osition t he d irectors h ave h ad r egard t o t he f act that AASB 9 Financial Instruments (December is a new Principal standard which replaces AASB 139. This new Principal version includes a mAASB odel for 9c lassification and 2 m014) easurement, a single, forward-‐looking ‘expected loss’ impairment model and supersedes substantially-‐reformed a pproach t o h edge a ccounting. sociation has, or in the directors’ opinion will haave access to, s ufficient c ash t o f und a dministrative a nd o ther c ommitted e xpenditure f or period AASB 9 issued in December 2009 (as amended) and AASB 9 (issued in December 2a010) and less than 12 months from the date of this report. includes a model for classification and measurement, a single, forward-‐looking ‘expected loss’ impairment AASB 9 is effective for annual periods beginning on or after 1 January 2018. However, the Standard is and a sTubstantially-‐reformed pproach o isolation hedge waithout ccounting. available for model early application. he own credit changes can be a early applied tin otherwise ming this view the directors have taken changing into consideration the following. the accounting for financial instruments.

AASB 9 is 9e ffective faor annual periods beginning othat n owr ill arfter 1 January 2018. However, the Standard is The frinal version o of f A$ASB introduces new expected-‐loss impairment model equire more imely outlay. Excluding the unearned uded within current liabilities is unearned evenue 3,191,020 $2,765,922) wchich dcoes not require aarly ctash or elosses. arly (aS2013: pplication. he So wn redit hanges be feor applied in isolation without otherwise recognition oavailable f expected cfredit pecifically, the nTew tandard requires entities to caan ccount expected nue in a liquidity analysis as at 31 December 2014, has aafre nfet crecognised urrent aasset osition olf ifetime $802,767; credit losses from twhe hen Afinancial instruments irst nd to rp ecognise full expected changing tssociation he accounting or financial instruments. losses on a more timely basis.

oing discussions have been held with the WA government with a view to renegotiating the terms of the loan for the original stadium development Amendments to AfASB 9 v (December & 2010 ditions )(AASB a2 n 013-‐9) in December 2013 included model that will require more timely The inal ersion o2f 009 AASB 9 ientroduces ew e issued xpected-‐loss impairment rying value of $1,126,327 as at 31 December 014); the new h2edge accounting requirements, including changes to hedge effectiveness testing, treatment of recognition o f e xpected c redit l osses. S pecifically, t he n ew S tandard requires entities to account for expected hedging costs, risk components that can be hedged and disclosures. credit losses from when financial instruments are first recognised and to recognise full lifetime expected eement has been made for an interest free short term loan to underpin the 2015 cashflow; losses on a more imely approach basis. for classification and measurement of financial assets AASB 9 includes requirements for a stimpler compared with the requirements of AASB 139.

ificant uplift in the boardcast revenues The in m 2016; andare described below. ain changes Amendments o A ASB 9 (December 2009 &o 2n 010 editions 2013-‐9) issued in December 2013 include a. Financial assets that are dtebt instruments will be classified based (1) the objective )o(AASB f the entity's business model for managing the a financial assets; r(equirements, 2) the characteristics of the contractual cash flows. the n ew h edge ccounting i ncluding c hanges t o h edge effectiveness testing, treatment of mprehensive review of expenditure has been carried out with improvements in efficiency made for 2015. hedging costs, risk components that can be hedged and disclosures. b. Allows an irrevocable election on initial recognition to present gains and losses on investments in

sociations ability to continue as a going concern and that meet ts hdeld ebts and fiuture ommitments as Daividends nd when they of fall due is dependant on a number equity instruments are niot for trading n other ccomprehensive income. in respect AASB that 9 includes requirements simpler pproach or tchere lassification and measurement of financial assets these investments are a return on investment can for be ra ecognised in a profit or loss afnd is no ors, including; impairment ocompared r recycling on w disposal of trhe instrument. ith the equirements of AASB 139. tinued support of the Australian Rugby Union, mThe embers, ponsors and financiers. main cshanges are described below. c. Financial assets can be designated and measured at fair value through profit or loss at initial s Fo inancial ssets that raeduces re debt instruments will be cinconsistency lassified btased recognition ia. f doing eliminates a or significantly a measurement or recognition hat on (1) the objective of the entity's would arise fbusiness rom measuring assets osr ignificant liabilities, or ruecognising the gw ains and losses on them, on different d the Association not achieve the matters set out above tm here is for ncertainty hether he ssociation will continue as a going ccash oncern odel managing the financial assets; (t2) tA he characteristics of the contractual flows. bases. erefore whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial d. Where the fair value option is used for financial liabilities the change in fair value is to be accounted for . The consolidated financial report does not include any adjustment relating to the recoverability or classification of recorded asset amounts or to as follows: b. Allows sahould n irrevocable election noot n initial recognition to paresent gains and losses on investments in mounts or classification of liabilities that e n ecessary the Association e oather ble to continue s a( OCI) going concern. ► m ight The cb hange attributable to changes in credit presented bin comprehensive income equity instruments that are rnisk ot are held for trading in other comprehensive income. Dividends in respect of these icnvestments that re aor rloss eturn on investment can be recognised in profit or loss and there is no ► The remaining hange is presented in parofit Statement of Compliance or recycling n dthat isposal of the nstrument. AASB 9 also rimpairment emoves the volatility in profit or o loss caused by cihanges in the credit risk of liabilities nancial report complies with Australian Accounting Standards as issued by the wAas ustralian Accounting Standards Board. elected to be measured at fair value. This change in accounting means that gains caused by the deterioration of an entity’s own credit risk on such liabilities are no longer recognised in profit or loss

nges in accounting policy and disclosures

c. Financial assets can be designated and measured at fair value through profit or loss at initial

Consequential amendments iwf ere also m to other standards as a result of ArASB 9, introduced by AASB recognition doing sade o eliminates or significantly educes a measurement or recognition inconsistency that 2009-‐11 and superseded by AASB 2010-‐7, AASB 2010-‐10 and AASB 2014-‐1 – Part E.

would from measuring assets liabilities, or recognising the gains and losses on them, on different counting policies adopted are consistent with those of arise the p revious financial year oer xcept as follows: AASB 2014-‐7 bases. incorporates the consequential amendments arising from the issuance of AASB 9 in Dec 2014. ation of AASB 10 Consolidated Financial Statements. d. Where the fair value option is used for financial liabilities the change in fair value is to be accounted fo

AASB 2014-‐8 limits the application of the existing versions of AASB 9 (AASB 9 (December 2009) and AASB 9 follows: (December 2as 010)) from 1 February 2015 and applies to annual reporting periods beginning on after 1 January tion the Association has adopted all the new and amended Australian Accounting Standards and AASB Interpretations as of 1 January 2013, 2015.

nce 13

► The change attributable to changes in credit risk are presented in other comprehensive income (OCI)

AASB 2014-‐1 Amendments to AASB 2014-‐1 Part A: This standard sets out amendments to Australian Accounting Standards arising from the 1-‐Jul-‐14 1-‐Jan-‐15 Part A-‐ Australian Accounting issuance by the International Accounting Standards Board (IASB) of International Financial Reporting ► A nnual The Improvements remaining cto hange is presented in Apnnual rofit Improvements or loss to IFRSs Annual Standards -‐ Part A Standards (IFRSs) IFRSs 2010–2012 Cycle and Title Summary Improvemen Annual Improvements 2011–2013 Cycle. AASB 9 a lso r emoves t he v olatility i n p rofit o r l oss that hanges in ltiabilities. he credit Arisk of 1l3 iabilities ts 2V010-‐2012 Fair alue to IFRSs 2010-‐2012 AASB 13 establishes a single source of guidance for determining the wfas air cvaused alue obf y acssets and ASB does no WESTERN USTRALIAN UNION (INC.) Cycle Cycle elected to be Am easured RaUGBY t fair value. This change in accounting means that gains caused by the deterioration

Measurement

2011-‐4 Employee Benefits

required to use fair value, but rather, provides guidance on how to determine fair value when fair value is required or p of an entity’s o2010–2012 wn credit risk on FsOR uch liabilities are no longer recognised in profit or loss Annual Improvements o TIFRSs Cycle addresses tThe O FINANCIAL STATEMENTS HE YEAR items: for the relevant assets. Consequential amendments wer definition may rNOTES esult Titn dHE ifferent fair values being dfollowing etermined ► AASB 2 -‐ Clarifies the definition vesting conditions' ENDED o 3f 1 'D ECEMBER 2014 and 'market condition' and introduces the via AASB 2011-‐8. definition of 'performance condition' and 'service condition'. Consequential amendments wfere also made to other tandards as a result of AASB 9, introduced by AASB AASB Clarifies to he or contingent consideration in as b usiness combination There ► w as no 3 i-‐mpact f calassification dopting rtequirements his standard. by removing 2009-‐11 all references to AsASB 137. and uperseded by AASB 2010-‐7, AASB 2010-‐10 and AASB 2014-‐1 – Part E. The revised standard changes the definition of short-‐term employee benefits. The distinction between short-‐term and benefits is now based on whether the benefits are expected to be settled wholly within 12 months after the reporting d 2014 51 AASB 014-‐7 incorporates the consequential arising ANNUAL from the iREPORT ssuance of AASB 9 in Dec 2014. amendments w ere a2lso made to other standards via AASB aRUGBYWA 2mendments 011-‐0.

WESTERN AUSTRALIAN RUGBY UNION (INC.)

NOTES TO HE INANCIAL STATEMENTS FOR THE YEAR FOR THE YEAR NOTES TTO TFHE FINANCIAL STATEMENTS ENDED 31 DECEMBER 2014 ENDED 31 DECEMBER 2014

Title Summary ATEMENT Reference OF SIGNIFICANT ACCOUNTING POLICIES

Application date Application date for of standard Association 1-‐Jul-‐14 1-‐Jan-‐15

AASB 2014-‐1 Amendments to ► AASB 8 -‐ Requires entities to disclose factors used to identify the entity's reportable segments when Part A-‐ Australian Accounting operating segments have been aggregated. An entity is also required to provide a reconciliation of total Annual Standards -‐ Part A reportable segments' asset to the entity's total assets. Basis of Preparation Improvemen Annual Improvements onsolidated f inancial r eport i s a g eneral purpose financial report, which has been prepared in accordance with the financial reporting requirements ts 2010-‐2012 to IFRSs 2010-‐2012 Associations I ncorporation A ct o f W estern Australia and Australian Accounting Standards and other authorative pronouncements of the Australian Cycle Cycle

nting Standards and other authorative ► pronouncements o-‐f Ctlarifies he Australian Accounting Standards Board. d oes The financial AASB 116 & AASB 138 that the determination of accumulated depreciation not depend report has also been prepared selection of tihe valuation technique and that it is calculated as the difference between the gross and istorical cost basis. The financial report on is the presented n A ustralian dollars. net carrying amounts.

► AASB 124 -‐ Defines a management entity providing KMP services as a related party of the reporting entity. Management The amendments added an exemption from the detailed disclosure requirements in paragraph 17 of AASB ssociation has a net current liability position f $s2,388,253 (2013: $1,364,598) a net liability position eontity f $2,584,289 (2013: $1,982,088) as at 124 for KoMP ervices provided by a management entity. aPnd ayments made to a management in respect KMP should (b2013: e separately disclosed. cember 2014 and a net deficit for the yof ear of services $602,201 $1,160,490) AASB 2014-‐1 Amendments to

Annual Improvements to IFRSs 2011–2013 Cycle addresses the following items:

ts 2010-‐2012 to IFRSs 2011-‐2013 Cycle Cycle

► AASB 140 -‐ Clarifies that judgment is needed to determine whether an acquisition of investment property

1-‐Jul-‐14

1-‐Jan-‐15

onsolidated financial Australian report hAas been prepared on a going concern basis. In arriving at this position the directors have had regard to the fact that Part A-‐ ccounting ► AASB13 -‐ Clarifies that the portfolio exception in paragraph 52 of AASB 13 applies to all contracts within ssociation hAnnual as, or in the d irectors’ ill ohf ave to, 9s, ufficient to tfhey und administrative nd other committed expenditure for a period Standards -‐ Part Ao pinion the sw cope AASB a1ccess 39 or AASB regardless ocf ash whether meet the definitions of a financial assets or liabilities as defined in AASB 132. less than 1Improvemen 2 months Annual from Improvements the date of tfinancial his report.

ming this view the directors have taken is into the following. solely ctonsideration he acquisition of an investment property or whether it is the acquisition of a group of assets or a

business combination in the scope of AASB 3 that includes an investment property. That judgment is based on guidance in AASB 3.

uded within current liabilities is unearned revenue of $3,191,020 (2013: $2,765,922) which does not require a cash outlay. Excluding the unearned AASB 2014-‐4 Clarification AASB 116 2 and AASB 138 Abssociation oth establish the principle the basis a of depreciation and o amortisation as being 1-‐Jan-‐16 1-‐Jan-‐16 enue in a liquidity analysis as aot f 31 December 014, the has a net for current sset position f $802,767;

Acceptable Methods of the expected pattern of consumption of the future economic benefits of an asset. Depreciation and Amortisation going discussions have been held with tThe he IASB WA government wuith view to renegotiating the tthe erms of the olf oan for is tnhe has clarified that the se of ar evenue-‐based methods to calculate depreciation an asset ot original stadium development (Amendments AASB appropriate because revenue generated by an activity that includes the use of an asset generally reflects rying value of $1,126,327 as at t3o 1 December 2014); 116 and AASB 138) factors other than the consumption of the economic benefits embodied in the asset.

eement has been made for an interest The free short term oan tto underpin he 2015 cashflow; amendment also cllarified hat revenue is gtenerally presumed to be an inappropriate basis for measuring the consumption of the economic benefits embodied in an intangible asset. This presumption, however, can

rebutted in certain limited circumstances. nificant uplift in the boardcast revenues be in 2016; and AASB 2014-‐1 Amendments to

AASB 2014-‐Part B makes amendments in relation to the requirements for contributions from employees or

omprehensive review Australian of expenditure been carried ut win ith efficiency made or 2015. Accounting has third parties that are soet out the improvements formal terms of the bin enefit plan and linked to sfervice.

1-‐Jul-‐14

1-‐Jan-‐15

Standards -‐ Part B

B Benefit The amendments clarify that iits f the amount of the contributions is independent he nw umber years foall f due is dependant on a number ssociations Part ability to Defined continue as Palans: going concern and meet debts and future commitments as of atnd hen otf hey Amendments Employee Contributions service, an entity is permitted to recognise such contributions as a reduction in the service cost in the period tors, including; to AASB 119 (Amendments to AASB in which the related service is rendered, instead of attributing the contributions to the periods of service 119)

tinued support Australian Rugby In UMnion, mtembers, sponsors and ffinanciers. AASB 15of the Revenue from Contracts ay 2014, he IASB issued IFRS 15 Revenue rom Contracts with Customers, which replaces IAS 11 with Customers

Construction Contracts, IAS 18 Revenue and related Interpretations (IFRIC 13 Customer Loyalty

1-‐Jan-‐17

d the Association not achieve the matters set out above there is significant uncertainty whether the Association will continue as a going concern Programmes, IFRIC 15 Agreements for the Construction of Real Estate, IFRIC 18 Transfers of Assets from herefore whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial Customers and SIC-‐31 Revenue—Barter Transactions Involving Advertising Services). t. The consolidated financial report does not include any adjustment relating to the recoverability or classification of recorded asset amounts or to The ore principle of IFRS 15 is sthould hat an entity revenue to dbepict the ttransfer of promised or concern. mounts or classification of liabilities that mcight be necessary the rAecognises ssociation not e able o continue as agoods going services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. An entity recognises revenue in accordance with that core principle by applying the following steps:

Statement of Compliance nancial report complies with Australian Accounting Standards as issued by the Australian Accounting Standards Board. (a) Step 1: Identify the contract(s) with a customer (b) Step 2: Identify the performance obligations in the contract

anges in accounting policy and disclosures

(c) Step 3: Determine the transaction price (d) Step 4: Allocate the transaction price to the performance obligations in the contract

ccounting policies adopted are consistent ith hose orf evenue the pwrevious financial ear eaxcept as follows: (e) Sw tep 5: Rtecognise hen (or as) the entity sy atisfies performance obligation Early application of this standard is permitted.

2014-‐5 incorporates the consequential amendments to a number Australian Accounting Standards ation of AASB 10 Consolidated Financial Statements. Amendments to AASB AASB

1053 -‐ Transition to and (including Interpretations) arising from the issuance of AASB 15. WESTERN AUSTRALIAN RUGBY UNION (INC.) between Tiers, and to AASB The Standard makes amendments to AASB 1053 Application of Tiers of Australian Accounting Standards to: AASB 2014-‐2 Amendments 1-‐Jul-‐14 1-‐Jan-‐15 dition the Association 1053 has -‐ aTTransition dopted a ll t he n ew a nd a mended Australian Accounting Standards and AASB Interpretations as of 1 January 2013, related ier 2 Disclosure to and NOTES TO THE FAINANCIAL STATEMENTS FOR (INC.) THE YEAR WESTERN USTRALIAN R UGBY U NION Requirements ing between Tiers, [aAASB nd • clarify that AASB 1053 relates only to DgECEMBER eneral purpose ENDED 31 2014 financial statements; 1053] Tier 2 Disclosure • make AASB 1053 consistent with the availability of the AASB 108 Accounting Policies, Changes in related NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR Requirements [AASB Accounting Estimates and Errors option AeASB 1 Fairst-‐time doption of Australian Accounting Standards; • clarify certain circumstances in which aECEMBER n ntity ier 2 reporting requirements can apply the AASB ENDED 31 Din 2pplying 014 TA ence Title Summary 1053] 108 option in AASB 1; permit an entity applying Tier 2 reporting requirements for the first time to do so

Fair Value Measurement

AASB • directly 1 c3 larify establishes a single in source guidance or 2 drAeporting etermining the fair alue oAf ASB assets and liabilities. AASB 13 does no using the crircumstances equirements AASB rather that applying ASB 1) wrhen, and only hen, the the entity certain w hich 1a08 n oe(f ntity applying Tfier equirements cw an avpply had onption ot or o1v nly selectively pplied, applicable ecognition and moeasurement equirements in so ifts 108 in AfASB ; p ermit abn ut entity applying Tier 2 rreporting requirements for the time to do required to applied, use air alue, raather, provides guidance n how to frirst determine air value when fair value is required or most recent annual special purpose financial statements; nd 1) when, and only when, the entity directly using ptrevious he requirements in AASB 108 (rather that applying AaASB definition ay result in different fair avpplicable alues brecognition eing determined for trhe relevant had not m applied, or only selectively applied, and measurement equirements in ia ts ssets. Consequential amendments wer most r2 ecent previous annual special purpose financial statements; and via AASB 011-‐8.

• specify certain disclosure requirements when an entity resumes the application of Tier 2 reporting There was no impact of adopting this standard. requirements. 2011-‐4 Employee Benefits The r• evised changes the definition of rsesumes hort-‐term employee specify sctandard ertain disclosure requirements when an entity the application of Tier b2enefits. reporting The distinction between short-‐term and requirements. benefits is now based on whether the benefits are expected to be settled wholly within 12 months after the reporting 52 RUGBYWA amendments 2014 ANNUAL REPORT were also made to other standards via AASB 2011-‐0.

WESTERN USTRALIAN RUGBY UNION NOTES TO THE FAINANCIAL STATEMENTS FOR (INC.) THE YEAR ENDED 31 DECEMBER 2014 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR WESTERN AUSTRALIAN RUGBY U2014 NION (INC.) ENDED 31 DUECEMBER WESTERN AUSTRALIAN RUGBY NION (INC.)

Application date A of standard Reference Title Summary Application INANCIAL TATEMENTS FOR THE YEAR NOTES TTO O THE THE FINANCIAL STATEMENTS FOR THE AYmendments EAR Disclosure Amendments to IAS 1 As part oNOTES f the IASB’s DFisclosure ISnitiative projects, the IASB issued to IAS 1 in December 2014. 1-‐Jan-‐16date A ENDED 31 DECEMBER 2014 of standard Reference Title Summary Initiative The amendments are dENDED esigned t3 o 1 further encourage companies to apply professional judgment in DECEMBER 2014 Disclosure Amendments to IAS 1 As part of the ASB’s Disclosure tIo nitiative the IASB issued Amendments to IAS 1 ain December 2014. 1-‐Jan-‐16 ***** determining wIhat information disclose pirojects, n the financial statements. For example, the mendments m Application dake ate Application date for Initiative The a mendments a re d esigned t o f urther e ncourage c ompanies t o a pply p rofessional j udgment i n clear t hat m ateriality a pplies t o t he w hole o f f inancial s tatements a nd t hat t he i nclusion o f i mmaterial Reference Title of s tandard Association Summary ATEMENT ***** OF SIGNIFICANT ACCOUNTING Pdetermining OLICIES what information to disclose in the financial statements. For example, the amendments make information can inhibit Itnitiative he usefulness financial disclosures. The mendments also clarify that 1-‐Jan-‐16 companies Disclosure Amendments to IAS 1 As part of the IASB’s Disclosure projects, otf he IASB issued Amendments to aIAS 1 in December 2014. 1-‐Jan-‐16 clear that applies to tehe f financial tatements and hat tinformation he iinclusion immaterial Initiative The ashould mendments re designed to further ncourage co ompanies to aspply professional jtudgment n use mpaateriality rofessional judgment in wdhole etermining where and in what order is opf resented in the Basis of Preparation information can inhibit to the usefulness of financial disclosures. The amendments also larify that companies ***** determining what information disclose in the financial statements. For example, the amendments mcake financial disclosures. that materiality applies to tjhe whole of ih financial statements and athat he of iimmaterial should se professional udgment n determining where nd winclusion hat order nformation is presented in the requirements onsolidated financial report is a general clear purpose fuinancial report, w hich as been prepared in atin ccordance w ith the financial reporting information can nhibit the usefulness of financial disclosures. The amendments also clarify that companies financial diisclosures. Associations I ncorporation A ct o f W estern A ustralia a nd A ustralian A ccounting S tandards a nd o ther a uthorative p ronouncements of the Australian use professional jaudgment in tdhe etermining where and in what order is o presented in tthe Investment Amendments to IFRS should The amendment ddresses key issues that have arisen in itnformation he context f applying he consolidation 1-‐Jan-‐16 financial d isclosures. nting Standards a nd o ther a uthorative p ronouncements o f t he A ustralian A ccounting S tandards B oard. T he f inancial r eport h as a lso been prepared Entities 10, IFRS 12 and IAS 28 exception for investment entities Investment Amendments to IFRS is presented The amendment addresses dthe key issues that have arisen in the context of applying the consolidation 1-‐Jan-‐16 storical cost basis. The financial report in Australian ollars. Applying the Entities 10, IFRS 12 ato nd IAS 28The aexception investment Investment Amendments IFRS mendment faor ddresses the key eintities ssues that have arisen in the context of applying the consolidation 1-‐Jan-‐16 1-‐Jan-‐16 Conslidation Entities the 10, IFRS 12 and IAS 28 exception for investment entities Applying Exception Management Applying the Conslidation ***** Conslidation sociation hException as a net current liability position of $2,388,253 (2013: $1,364,598) and a net liability position of $2,584,289 (2013: $1,982,088) as at Exception ember 2014 and a net Consolidation deficit for tphe year of $602,201 (2013: $1,160,490) ***** (c) olicy *****

(c) Consolidation policy The consolidated financial tatements comprise financial statements of Itn he Association nd ipts osition subsidiary as dairectors t 31 December ontrol tis (c) Consolidation olicy nsolidated financial report has bpseen prepared on athe going concern basis. arriving at tahis the have 2h014. ad r Cegard o atchieved he fact that tr he Atssociation is exposed, or has rights, to avccess ariable tro, eturns from its ciash nvolvement waith the investee and has the ability to affect tehose returns through sociation hwhen as, o i n he d irectors’ o pinion w ill h ave s ufficient t o f und dministrative a nd o ther c ommitted xpenditure for a period The onsolidated financial statements comprise the financial statements oaf n the Association association nd oits subsidiary s ast ubsidiary 31 December Cecember ontrol is achieved The cconsolidated financial statements comprise the financial statements of the and iats 31 D 2014. Control is achieved its power over the investee. Specifically, the Association controls investee if aAnd nly if the Assoication has:as a2t 014. less than 1when 2 m onths f rom t he d ate o f t his r eport. he A es xposed, or ho rhights, to variable returns rfrom ifnvolvement with the investee nd hinvestee as the ability affect returns through he Association ssociation exposed, as rights, to tvhat ariable eturns rom its involvement ith ratelevant he and to has the those ability to affect those returns through ·∙ when Pttower over the is iinvestee (i.e. as er xisting rights give it the its current ability to direct w the its power over the investee. Specifically, the Association controls an investee if and only if the Assoication has: its over tohe investee. Specifically, the Association controls an investee if and only if the Assoication has: ·∙ ·∙ p ower f the the investee) a Pctivities ower over investee (i.e. existing rights that give it the current ability to direct the relevant

·∙ ·∙ t P ower over the (i.e. iento xisting rights give the it the current ability to direct E he rights, to tvaken ariable returns from tihat ts involvement with the investee, andthe relevant ming this view directors hinvestee ave consideration following. axposure, ctivities of otr he investee)

·∙ ·∙ aT Ectivities oor f to he investee) he ability use itts ower roeturns ver the investee to affect its trhe eturns xposure, rtights, o vpariable from its involvement with investee, and ·∙ ·∙ E Txposure, ights, to variable its iinvolvement with the investee, and he ability too r urse its power over the returns investee from to affect ts returns uded within current liabilities its s upnearned rthe evenue of t$o 3,191,020 (2013: $2,765,922) which does not require a cash outlay. Excluding the unearned ·∙ When Tthe to use hias ower over investee ffect oits eturnsrights of an investee, the Association considers all relevant facts and circumstances in he aAbility ssociation less than a m ajority of the vaoting r srimilar nue in a liquidity awnalysis at less 1 than December he or Asssociation as a net tche urrent asset position of $802,767; When the Ahether ssociation hhas majority o2f 014, the voting imilar rights of h an investee, Association considers all relevant facts and circumstances in assessing iat s as p3ower oaver an investee, itncluding: assessing wAhether it has hpas ower over an ianvestee, including: When ssociation less than m ajority of the voting or similar riights of an investee, the Association considers all relevant facts and circumstances in ·∙ ·∙ T tThe c ontractual a rrangement w ith t he o ther v ote h olders o f t he nvestee he contractual arrangement with the other vote holders of the investee assessing hether it from hhas poower ver an investee, including:with a view to renegotiating the terms of the loan for the original stadium development ·∙ ·∙ R rising ther coontractual oing discussions hw ave been eld wcontractual ith the W A agrrangements overnment Rights ights aarising from other arrangements ·∙ T he c ontractual a rrangement w ith t he o ther ote holders A ssociation’s v oting r ights a nd p otential oting rights of the investee ·∙ T he A ssociation’s v oting r ights a nd p otential v oting rying value of $1,126,327 as at 31 December 2014); vrights ·∙ Rights arising from other contractual arrangements re-‐assesses whether or not an v investee if facts and ircumstances indicate that itndicate here are tchat hanges to oane more of tto he otne hree ·∙ The The A A ssociation Tssociation he Association’s voting rights aond pontrols otential oting ights re-‐assesses whether r it ncot it controls an irnvestee if fcacts and circumstances there re ocr hanges or more of the three eement has been moof ade for Caonsolidation interest hort term loan tAo utnderpin the 2o015 cashflow; elements of af ree begins hen the ssociation obtains control over he subsidiary nd scubsidiary eases when atnd he cAeases ssociation loses elements f ccontrol. ontrol. Cn onsolidation osubsidiary f a ssubsidiary bwegins when he Association btains ctontrol over tahe when the Association loses control of the subsidiary. Assets, liabilities, income expenses f a subsidiary acquired r disposed of during the year atre included in the statement The Association re-‐assesses whether or not income it acnd ontrols ionvestee if af acts and coircumstances here re ycear hanges to one oofr ore sotatement f the three control of the subsidiary. Assets, liabilities, and aen xpenses of subsidiary acquired or dindicate isposed tohat f during tahe are included in mthe of comprehensive income from the date the Association gains control until the date the Association ceases to control the subsidiary. elements control. Consolidation o f a2 s016; ubsidiary when the Aussociation obtains control over the stubsidiary when the Association loses comprehensive income rom the date t he Association gains control ntil the date the Association ceases o control atnd he cseases ubsidiary. ificant uplift in the obf oardcast rfevenues in andbegins control of the saubsidiary. Assets, elquity, iabilities, income and aend xpenses of arelating subsidiary acquired boetween r disposed of douring year are in in the statement of All intra-‐group ssets and liabilities, income, expenses cash flows to transactions members f the Athe ssociation are included eliminated comprehensive ncome from the date the Aissociation gains control until the drate the tAo ssociation ceases to control the subsidiary. All intra-‐group aissets and liabilities, equity, ncome, expenses and cash flows elating transactions between members of the Association are eliminated in full on consolidation. mprehensive review of expenditure has been carried out with improvements in efficiency made for 2015. full on consolidation. The Association acssets omprises the Western Aeustralian Rugby Uenion (Inc.) aand wholly owned controlled entities Future Force Foundation Ltd and WAestern Force Latd. All intra-‐group and liabilities, quity, income, xpenses nd its cash flows relating to transactions between members of the ssociation re eliminated in oAn ssociation consolidation. sociations full ability to continue as athe going concern and Rm eet Uinion ts debts nd its future as and wFhen due is dLependant on aF orce number The comprises Western Australian ugby (Inc.) aand wholly coommitments wned controlled entities uture they Force fall Foundation td and Western Ltd.

ors, including;

The Association comprises the Western Australian Rugby Union (Inc.) and its wholly owned controlled entities Future Force Foundation Ltd and Western Force Ltd. (d) Significant accounting judgments, estimates and assumptions

In the process of applying the Associaitons accounting policies, management has made the following judgements, except for those involving estimates, which tinued support of the Australian Rugby Union, members, sponsors and financiers. have the most significant effect on the amounts recognised in the financial statements.

(d) Significant accounting judgments, estimates and assumptions In the process of applying the Associaitons accounting policies, management has made the following judgements, except for those involving estimates, which Going concern (d) aeccounting jsudgments, estimates ain nd asssumptions d the Association nmot aSignificant chieve the matters et out above there its ignificant uncertainty whether the Association will continue as a going concern have the ost significant ffect on the amounts recognised he financial statements. Use of ptrocess he going concern assumption has required significant jpudgement, efer to note 1h (as a) Cm ash Management In t he applying the Associaitons accounting olicies, mranagement ade the following judgements, those involving stimates, which erefore whether it will orf ealise its assets and extinguish its liabilities in the normal course of business and aet xcept the faor mounts stated ein the financial have the most significant effect on the amounts recognised in the financial statements. Going c oncern Significant fainancial ccounting erstimates assumptions . The consolidated eport adnd oes not include any adjustment relating to the recoverability or classification of recorded asset amounts or to Use the going concern assumption as required significant judgement, to naote (a) Cash M The ocf arrying amount of certain assets and hliabilities re often determined based on erefer nd a1ssumptions of anagement future events. The key estimates and mounts or cGoing lassification o f l iabilities t hat m ight be an ecessary should the Astimates ssociation not be able to continue as a going concern. concern assumptions that have a significant risk of causing a material adjustment to the carrying amounts of certain assets and liabilities within the next annual Use o f t he g oing c oncern a ssumption h as r equired s ignificant j udgement, r efer t o n ote 1 ( a) C ash M anagement reporting p eriod a re; Significant accounting estimates and assumptions Statement of amount Compliance The carrying of certain assets and liabilities are often determined based on estimates and assumptions of future events. The key estimates and Impairment aoccounting f property, p lant and equipment Significant stimates and assumptions assumptions that hith ave Aeaustralian significant of causing material aadjustment carrying amounts of certain assets and liabilities within the next annual nancial report c omplies w Arisk ccounting Satandards s impaired issued att bo least y the the A ccounting The Association determines whether property, plant and equipment are on A an ustralian annual basis. This requires aSn tandards estimation oB f toard. he recoverable The carrying amount of certain assets and liabilities are often determined based on estimates and assumptions of future events. The key estimates and reporting p eriod a re; amount to which the property, plant and equipment are allocated. assumptions that have a significant risk of causing a material adjustment to the carrying amounts of certain assets and liabilities within the next annual nges in accounting olicy and dpisclosures reporting pp are; Impairment property, lant and equipment Estimation oeriod f ouf seful lives The Aessociation stimation of dtetermines he useful lives of assets as been bpased historical experience as well as a mt anufacturers (for p lant equipment), lease The whether phroperty, lant oan nd equipment are impaired least on an waarranties nnual basis. This and requires an estimation of the recoverable terms (for leased etquipment) and atp urnover pith olicies (for mo otor vehicles). In addition, the condition the assets ssessed at least once a year and f property, lant nd equipment counting pImpairment olicies are cponsistent those f atre he previous financial year oef xcept as is faollows: amount tao dopted wohich he property, lant aw nd equipment allocated. considered against the remaining useful life. Adjustments to aund seful lives are ma ade hen considered necessary. The Association determines whether property, plant equipment re w impaired at least on an annual basis. This requires an estimation of the recoverable amount to w hich the lives property, plant and equipment are allocated. Estimation o f u seful Annual ation of AASB 10 leave Consolidated Financial Statements. The estimation of the useful lives to of assets hw as been based on hoistorical experience as recognised well as mianufacturers arranties (for plant and equipment), lease Liabilities for annual leave expected be settled ithin twelve months f the reporting date are n provisions in rw espect of employees' services Estimation of useful lives terms for reporting leased edquipment) and turnover olicies (for motor vto ehicles). In addition, the caondition up to t(he ate. They are measured at tp he amounts expected be paid w hen the liabilities re settled.of the assets is assessed at least once a year and tion the AThe ssociation has dopted alives ll the ew ahnd mended ccounting tandards annd AASB Interpretations s eoquipment), f 1 January 2013, estimation of athe ouf seful anssets as baeen based to oA n historical xperience s wSell as manufacturers warranties (for plant aa nd lease considered against the urseful emaining life. Adjustments uustralian seful lives eaA re made wahen considered ecessary. Long s(ervice leave equipment) and turnover policies (for motor vehicles). In addition, the condition of the assets is assessed at least once a year and terms for leased ng A liability for ong service is recognised, nd iA s djustments measured as tthe resent lives value f em xpected uture payments to e made in respect of services provided considered algainst the rleave emaining useful laife. o upseful aore ade wfhen considered nbecessary. Annual leave by employees up to the reporting date. Consideration is given to expected future wages and salary levles, experience of employee departures and periods of Liabilities f or a nnual l eave e xpected t o b e s ettled w ithin t welve m onths o f t he r eporting d ate a re r ecognised in provisions in respect of employees' services nce Title service. Expected future payments are discounted using market yields at the reporting date on mational government bonds with terms to maturity and Summary Annual leave up to the reporting date. They measured at the afmounts expected currencies that match, as closely as apre ossible, the estimated uture cash outflows.to be paid when the liabilities are settled. 13 Fair Value for annual leave eAASB 13 a single source uidance for determining the in fair value ion f raespect ssets oaf nd liabilities. AASB 13 does no Liabilities xpected to ebstablishes e settled within twelve months oof f gthe reporting date are recognised provisions employees' services up to stervice he reporting are measured the vaalue, mounts expected to pbrovides e paid when the liabilities are stettled. Long leave date. They Measurement required to use at fair but rather, guidance on how o determine fair value when fair value is required or p A liability for long service leave is recognised, is mieasured as the present value of expected future pfor ayments to be made in respect of services provided definition may arnd esult n different fair values being determined the relevant assets. Consequential amendments wer Long service leave by employees up to the reporting date. Consideration is given to expected future wages and salary levles, experience of employee departures and periods of via A ASB 2 011-‐8. A liability or long sfervice is recognised, and is um easured as ytields he present alue of expected future payments to be bm ade w in ith respect ervices parovided service. Efxpected uture pleave ayments are discounted sing market at the rveporting date on m ational government onds terms otf o sm aturity nd by employees p tatch, o the ars eporting to ecxpected future wages and salary levles, experience of employee departures and periods of There w as Cnonsideration o itmpact oif s agiven dopting this standard. currencies that um closely ads ate. possible, he estimated future ash outflows. service. Expected future payments are discounted using market yields at the reporting date on mational government bonds with terms to maturity and 2011-‐4 Employee Benefits The revised standard changes the definition of short-‐term employee benefits. The distinction between short-‐term and currencies that match, as closely as possible, the estimated future cash outflows.

benefits is now based on whether the benefits are expected to be settled wholly within 12 months after the reporting d 2014 ANNUAL REPORT 53 amendments were also made to other standards via AASB RUGBYWA 2011-‐0.

WESTERN AUSTRALIAN RUGBY UNION (INC.) WESTERN AUSTRALIAN RUGBY UNION (INC.) WESTERN USTRALIAN RUGBY UNION NOTES TTO SSTATEMENTS FFOR TTHE NOTES O TTHE HE FFA INANCIAL TATEMENTS OR ((INC.) HE Y YEAR EAR WESTERN AINANCIAL USTRALIAN RUGBY UNION INC.) WESTERN USTRALIAN RUGBY 2U014 NION ENDED 31 1 D DECEMBER ECEMBER NOTES TO THE FAINANCIAL STATEMENTS FOR (INC.) THE YEAR ENDED 3 2 014 NOTES TO THE FAINANCIAL STATEMENTS FOR (INC.) THE YEAR WESTERN USTRALIAN R UGBY U NION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 014 NOTES TO THE FAINANCIAL STATEMENTS FOR (INC.) THE YEAR WESTERN USTRALIAN RUGBY 2 NION ENDED 31 DRECEMBER 2U014 NOTES TO HE FINANCIAL SUGBY TATEMENTS THE YEAR WESTERN ATUSTRALIAN UNION (INC.) ENDED 31 DECEMBER 2014FOR (e) Revenue R Recognition ecognition (e) Revenue ENDED 3 1 D ECEMBER 2 014 NOTES TO THE F INANCIAL S TATEMENTS F OR THE YEAR ENDED 31 DECEMBER 2t014 Revenue i s r ecognised t o t he e xtent t hat i t i s p robable t hat t he e conomic b enefits w ill f low o t he A ssociation (e) Revenue R ecognition Revenue is recognised the extent that it is probable NOTES that the economic benefits will flow 2t014 o the Association nd rrevenue evenue ccan an b be e rreliably eliably m measured. easured. TThe he TO THE FINANCIAL STATEMENTS FOR THE YEARaand (e) Revenue to Recognition ENDED 31 DECEMBER (e) Revenue R ecognition following s pecific r ecognition c riteria m ust a lso b e m et b efore r evenue i s r ecognised. Revenue i s r ecognised t o t he e xtent t hat i t i s p robable t hat t he e conomic b enefits w ill f low t o t he A ssociation a nd r evenue c an b e r eliably m easured. The NOTES T O T HE F INANCIAL S TATEMENTS F OR T HE Y EAR following s pecific r ecognition c riteria m ust a lso b e m et b efore r evenue i s r ecognised. (e) Revenue to Recognition ENDED 3 1 D ECEMBER 2 014 Revenue i s r ecognised t he e xtent t hat i t i s p robable t hat t he e conomic b enefits w ill f low t o t he A ssociation a nd r evenue c an b e r eliably m easured. T he (e) Revenue Recognition Revenue iss pecific recognised to the ecxtent it ias lso probable the reevenue conomic will flow to the Association and revenue can be reliably measured. The following recognition riteria tthat must be met ttbhat efore rbecognised. Revenue iss pecific recognised to the ecxtent it ias lso probable the conomic enefits will flow to the Association and revenue can be reliably measured. The ENDED 3iis Denefits ECEMBER 2014 following recognition riteria that must be met tbhat efore reeevenue s 1 rb ecognised. (e) Revenue R ecognition Revenue i s r ecognised t o t he e xtent hat i t i s p robable hat t he conomic b enefits w ill f low t o t he A ssociation a nd r evenue c an b e r eliably m easured. T he following sopecific recognition criteria must also be met before revenue is recognised. Rendering f SSRevenue ervices Rendering ervices following recognition riteria that must be met tbhat efore is rbecognised. (e) Recognition Revenue isss opecific rf ecognised to the eccxtent it iaas lso probable the rreevenue conomic enefits will flow to the Association and revenue can be reliably measured. The following pecific r ecognition riteria m ust lso b e m et b efore evenue i s r ecognised. Where he ontract outcomes utcomes an b be e eliably m easured: Rendering Serviceso tthe ccrf ontract an rreliably easured: Revenue iss o tCCOUNTING o the ecccxtent that it ias lso pm robable the reevenue conomic enefits will flow to the Association and revenue can be reliably measured. The Rendering opecific f ecognised Services following recognition riteria m ust b e met tbhat efore is rbecognised. ATEMENT Where F SIGNIFICANT OLICIES Rendering S rrervices following -‐-‐O ccontrol o f ight tto b ffust or b aattained nd Where the oA utcomes criteria an be m rPeliably msservices easured: ontrol oso f ccf ight o be e ccompensated ompensated or ttahe he ervices hbas as been een ttained nd tthe he sstage tage o of f ccompletion ompletion ccan an b be e rreliably eliably m measured. easured. FFor or m membership embership ssubscription, ubscription, Rendering opecific f aaontract Services r ecognition c lso b e met h efore revenue is raaecognised. Where t he ontract o utcomes c an b e r eliably m easured: Rendering o f S ervices Where t he c ontract o utcomes c an b e r eliably m easured: tage ohe f occf ompletion ompletion s e m mcompensated easured be y rreference eference to o m matches atches peen layed and nd ccosts osts ncurred. or ponsorship revenue, evenue, stage tage oeasured. f ccompletion ompletion is s embership measured easured sb bubscription, y -‐ ssctage ontrol aontract right to biis for the mservices has bp attained and iincurred. the stage FFoor f cssompletion can be reliably mo For m Rendering Where o f easured y t layed a ponsorship r s f i m y t c o utcomes c an b eliably easured: Where -‐ control o f a r ight t o b e c ompensated f or t he s ervices h as b een a ttained a nd t he s tage o f c ompletion c an b e r eliably m easured. F or m embership s ubscription, o f S ervices ctaontract outcomes caan e eliably easured: ontrol rp ight to biffs e for the mso ervices as bpeen attained and incurred. the stage Foor f csompletion can be reliably moeasured. For m Basis of toohe Pf f ooreparation o eriods ulfilled s aa b ssh ponsorship eriods. Rendering -‐ -‐ srrcceference tage cof ompletion mccompensated easured bp y ercentage rreference tf o ttotal matches layed ap nd costs ponsorship revenue, stage f completion is embership measured ssbubscription, y t o p eriods ulfilled a s p ercentage o f otal ponsorship p eriods. ontrol f a r ight t o b e ompensated f or t he s ervices h as b een a ttained a nd t he s tage o f c ompletion c an b e r eliably m easured. F or m embership ubscription, f S ervices Where -‐ sceference tage c ompletion i s m easured b y r eference t o m atches p layed a nd c osts i ncurred. F or s ponsorship r evenue, s tage o f c ompletion i s m easured b y tohe caontract outcomes can b eliably easured: ontrol rpight to bifs e for the msoervices hponsorship as bpeen attained and incurred. the stage Foor f csompletion can be reliably moeasured. For m embership ubscription, sreference tage f ocf ompletion mc ompensated easured bppe y ercentage rreference tf o total matches layed ahich nd costs ponsorship revenue, stage f completion irs eporting measured rsbequirements y t o eriods ulfilled a s a s p eriods. onsolidated f inancial r eport i s a g eneral urpose f inancial r eport, w h as b een p repared i n a ccordance w ith t he f inancial tage ohe f ocf ompletion ifs e mcompensated easured y ercentage reference tf o total matches peen layed apnd costs incurred. Foor sompletion ponsorship revenue, stage oeasured. f completion is embership measured sbubscription, y Where t c ontract o utcomes c an b e eliably m easured: -‐ rssceference t o p eriods ulfilled a s a p o s ponsorship eriods. ontrol a r ight t o b f or t he s ervices h as b a ttained a nd t he s tage f c c an b e r eliably m F or m tage tohe f completion ifs ulfilled measured bpy ercentage reference tf o total matches played apnd costs incurred. For sponsorship revenue, stage of completion is measured by Where Where reference t o p eriods a s a o s ponsorship eriods. c ontract c annot b e r eliably m easured: tohe ctaontract cannot eliably m easured: o rpight eriods ulfilled s a bpy ercentage shA ponsorship Associations Incorporation Abiffs ct f be Wraaestern ustralia and ustralian Aeriods. ccounting tandards and other ronouncements of the -‐ rrsceference ontrol to e ompensated fA or the so ervices as bpeen attained and incurred. the sStage f csompletion can bae uthorative reliably moeasured. For m sbubscription, tage f ocf ompletion mco easured reference tf o ttotal m atches layed ap nd costs Foor ponsorship revenue, stage f pcompletion is embership measured y Australian eference t o p eriods ulfilled s a p ercentage o f otal s ponsorship p eriods. -‐-‐ srrtage evenue iis rrecognised o nly tto tthe eey xtent tthat cctosts h ave b een iincurred. Where tohe contract cannot be reliably measured: evenue s ecognised o nly o he xtent hat osts h ave b een ncurred. f c ompletion i s m easured b r eference o m atches p layed a nd c osts i ncurred. F or s ponsorship r evenue, s tage o f c ompletion i s m easured b y prepared Where t he c ontract c annot b e r eliably m easured: nting Standards a nd o ther a uthorative p ronouncements o f t he A ustralian A ccounting S tandards B oard. T he f inancial r eport h as a lso b een reference o periods fulfilled as a percentage of total sponsorship periods. Where the is ctontract cannot be measured: -‐ rreference evenue ro ecognised only to rraeliably ts he xtent that ocosts have been incurred. the is ctontract cannot be measured: periods fulfilled a piees ercentage f tiotal sponsorship periods. -‐ evenue rhe ecognised only to reliably the xtent that costs hAave been incurred. istorical c Where ost b asis. T f inancial r eport p resented n ustralian d ollars. Where t he c ontract c annot b e eliably m easured: Interest -‐ revenue is recognised only to the extent that costs have been incurred. Interest Where -‐ revenue recognised only to reliably the extent that costs have been incurred. the iis contract cannot be measured: Interest -‐ revenue recognised only to the extent hat ctosts ave been incurred. Revenue s s ecognised s nterest ccrues utsing sing he eeh ffective nterest method. ethod. TThis his iis s aa m method ethod o of f ccalculating alculating tthe he aamortised mortised ccost ost o os s aa ffinancial inancial aasset sset aand nd Revenue iis aas iinterest aaccrues u he ffective iinterest m Where the crrecognised ontract cannot be measured: Interest Interest -‐ revenue is recognised only to reliably the extent that ctosts h ave been incurred. allocating t he i nterest i ncome o ver t he r elevant p eriod u sing e ffective iis rrf ate tthat uture rreceipts Revenue i s r ecognised a s i nterest a ccrues u sing t he e ffective i nterest miinterest ethod. rrTate, his iw s ahich method calculating the d mortised eecstimated ost os a fffinancial asset and Management allocating tihe interest iancome over tehe relevant posts eriod using enterest ffective nterest ate, w hich s tthe he o ate hat eexactly xactly daaiscounts iscounts stimated uture ccash ash eceipts Interest Revenue -‐ r evenue s r ecognised o nly t o t he xtent t hat c h ave b een i ncurred. i s r ecognised s i nterest a ccrues u sing t he e ffective i m ethod. T his i s a m ethod o f c alculating t he mortised c ost o s a f inancial a sset a nd Interest ihe s the rcecognised ancome s io nterest accrues sing effective ienterest minterest ethod. rTate, his iw s a a m ethod f calculating the mortised ost (o2013: s a financial asset and through xpected ife f tthe he inancial sset o he net et arrying mount of f tthe he inancial sset. allocating interest liability opver the relevant phe eriod using ffective he o tphat exactly eccstimated uture cash receipts ssociation Revenue has a nttet osition oaauuf sset $2,388,253 $aa1,364,598) affinancial nd net lttiability osition of ddaa$iscounts 2,584,289 $1,982,088) as at through eeurrent xpected lliiife f ffinancial tttto tthe n cc(2013: arrying mount o aaiis sset. Revenue ihe s the recognised ancome s ionterest accrues sing he effective ienterest minterest ethod. rTate, his iw s hich m ethod orrf ate calculating the mortised ost os a fffinancial asset and allocating i nterest o ver t he r elevant p eriod u sing ffective hich s he ate t hat e xactly iscounts e stimated uture c ash r eceipts Interest Revenue tihe s the recognised ancome s ionterest accrues usset sing tto effective ienterest minterest ethod. rTate, his iw s ahich method calculating the daiscounts mortised ecstimated ost os a ffinancial asset and allocating interest liife over the relevant phe eriod using ffective the orf ate that exactly uture cash receipts through eet xpected f tthe fyinancial a$ the n2013: et carrying amount of the financial aiis sset. allocating t he i nterest i ncome o ver t he r elevant p eriod u sing e ffective i nterest r ate, w hich s t he r ate t hat e xactly d iscounts e stimated f uture c ash r eceipts Interest cember 2014 a nd a n d eficit f or he ear o f 602,201 ( $ 1,160,490) through t he e xpected l ife o f he f inancial a sset t o t he n et c arrying a mount o f t he f inancial a sset. Revenue ihe s the recognised ancome s ionterest accrues sing tto effective ienterest minterest ethod. rTate, his iw s ahich method calculating the daiscounts mortised ecstimated ost os a ffinancial asset and allocating interest liife over the relevant phe eriod using ffective the orf ate that exactly uture cash receipts through expected f the financial ausset the net carrying amount of the financial ais sset. Sale o Sale of f G Gttoods oods through expected f the financial ausset the net carrying amount of the financial ais sset. Revenue ihe s the recognised ancome s io nterest accrues sing ttto effective ienterest minterest ethod. rTate, his iw s ahich method calculating the daiscounts mortised ecstimated ost os a ffinancial asset and allocating interest lliife over the relevant phe eriod using ffective the orf ate that exactly uture cash receipts through t he e xpected ife o f t he f inancial a sset o t he n et c arrying a mount o f t he f inancial a sset. Revenue s the ecognised w hen tthe he ignificant isks paaeriod nd rrewards ewards offective f o ownership wnership of f ttrhe he oods have ave passed assed o tthe he buyer uyer daaiscounts nd tthe he ccosts osts ncurred or r tto o be e iirncurred ncurred n Sale of Goods Revenue iihe s rrecognised w hen ssinancial ignificant rrisks nd f o ggoods h p o b nd iincurred o b iin allocating interest ias ncome over the relevant using eo interest ate, which ihis s the rate tthat exactly estimated future co ash eceipts Sale of Gtoods through e xpected l ife o f t he f a sset t o t he n et c arrying a mount o f t he f inancial a sset. onsolidated f inancial r eport h b een p repared o n a g oing c oncern b asis. I n a rriving a t t p osition t he d irectors h ave h ad r egard t t he f act that Sale of Go oods respect ttransaction ccf an b m easured eliably. rR isks aand rrewards o wnership aare ccave onsidered assed tthe uyer tthe o o tthe Revenue if s ttrhe ecognised when the he ignificant rrrisks atnd of ownership f tthe he financial goods passed p the btto uyer the aat costs ncurred or to be in respect f he he ransaction an be e fssinancial m easured eliably. Rnewards isks nd ewards of f o ooo wnership re h onsidered ptto assed o he aab bnd uyer t he ttiiime ime of f d delivery elivery of f iincurred he ggoods oods Sale of Gotoods through e xpected l ife o t a sset t o he et c arrying a mount f a sset. Revenue i s r ecognised w hen t he ignificant r isks a nd r ewards o f o wnership o f t he g oods h ave p assed o t he b uyer nd t he c osts ncurred o r t o b e ncurred i n Sale oo f cG s trhe when ignificant isks aand f ownership f tthe oods passed pto the bto uyer he at costs ncurred or to be in ssociation Revenue has, r ustomer. iif n tecognised he directors’ otthe pinion will hrrrave ccess to, sooufficient o fggund ahhdministrative and otther cttommitted expenditure period to he ustomer. respect ooods transaction can be ssm easured eliably. rrRewards isks and rewards ocf ash oo are cave onsidered assed he aabnd uyer the tiiime of delivery of iifncurred tor he ag oods to tthe cG Revenue s trhe ecognised when he ignificant isks and ewards f ownership ownership f the oods ave passed pto the bto uyer nd he at costs ncurred or to be ncurred in respect o f t ransaction c an b e m easured r eliably. R isks a nd r ewards o f o wnership a re c onsidered assed t he b uyer t he t ime o f d elivery o f t he g oods Sale o f oods Revenue ecognised when the rrisks and rRewards of ownership f the goods passed pto the bto uyer the at costs ncurred or to be in respect oif s trhe ransaction can boe easured eliably. isks and rewards of oownership are hcave onsidered assed the abnd uyer the tiime of delivery of incurred the goods the cGustomer. less than to 12 m fttrom the date f sm tignificant his report. respect ooods f the ransaction can be m easured reliably. isks and rewards of oownership are hcave onsidered assed the abnd uyer the tiime of delivery of incurred the goods Sale of onths to the customer. Revenue ecognised when the ignificant and rR of ownership f the goods passed p the btto uyer the aat costs ncurred or to be in respect oif s trhe transaction can be sm easured rrisks eliably. Rewards isks and rewards of ownership are considered pto assed o the buyer t the time of delivery of the goods to the customer. (f) Grants (f) Grants to t he c ustomer. Revenue ecognised when the ignificant and rRewards of ownership f the goods passed pto the bto uyer the at costs ncurred or to be in respect oif s trhe transaction can be sm easured rrisks eliably. isks and rewards of oownership are hcave onsidered assed the abnd uyer the tiime of delivery of incurred the goods to the customer. Government g rants a re r ecognised w hen t here i s r easonable a ssumption t hat t he g rant w ill b e r eceived a nd a ll c onditions w ill b e c omplied w ith. (f) Grants gGrants rants are recognised hen ctonsideration here is reasonable afssumption the grant wcill be received and tao ll tche onditions be complied with.of the goods respect of dthe transaction can be miw easured reliably. Risks and rewards of that ownership are onsidered passed buyer aw t till he time of delivery (f) ming this vGovernment iew t he irectors h ave t aken nto t he ollowing. to t he c ustomer. (f) Government gGrants rants are recognised when there is reasonable assumption that the grant will be received and all conditions will be complied with. (f) the customer. to Government gGrants rants are recognised when there is reasonable assumption that the grant will be received and all conditions will be complied with. (f) Government rants re rrrecognised weehen there is rrrecognised easonable aaas ssumption that the grant wn ill be received and atthe ll conditions ill be complied ith. Government gggGrants rants atathat hat elate tto o aan n xpense re ncome o over ver he periods eriods ecessary o m match atch rant o on n aaw ystematic basis asis w o tthe he ccosts osts Government rants elate xpense aare iincome tthe p ecessary tto ggrant ystematic b o re recognised when there is ecognised easonable s ssumption that the grant wnill be received and ahe ll conditions w ssill be complied wttith. (f) Grants Government g rants athat re rs ecognised wtherwise hen there is ogrrf ecognised easonable as ssumption t$hat the grrant w ill be received and aelates ll conditions w so ill bis e is complied wtfith. uded within c urrent l iabilities i u nearned r evenue $ 3,191,020 ( 2013: 2,765,922) w hich d oes n ot r equire a c ash utlay. E xcluding the unearned that i t i s i ntended t o c ompensate. O t he rant i s r ecognised a s i ncome o n eceipt. W hen t he g rant r t o a n a sset d educted rom ttche Government g rants r elate t o a n e xpense a re a i ncome o ver t he p eriods n ecessary t o m atch t he g rant o n a ystematic b asis o the osts that i t i s i ntended t o c ompensate. O therwise t he g rant i s r ecognised a s i ncome o n r eceipt. W hen t he g rant r elates t o a n a sset i s i s d educted f rom he (f) Grants Government g rants t hat r elate t o a n e xpense a re r ecognised a s i ncome o ver t he p eriods n ecessary t o m atch t he g rant o n a s ystematic b asis t o t he c osts Government rants atahat re art recognised wehen t2 here is trrhe easonable ssumption t hat the grant wa be rpeceived and a$ ll 802,767; conditions w sill be complied ggrants elate to vvalue aOn xpense ahe re ecognised aaver s income oncome ver the p eriods nill ecessary to gmrant atch the grant on n aasset ystematic basis wtfith. o the tche osts enue in a lGovernment iquidity a nalysis 3 1 D ecember 014, A ssociation h as a n et c urrent sset osition o f asset o w hich it t rrelates, elates, t he n et alue o f w hich i s a mortised o ver t he e xpected u seful l ife. that it tto is w intended to tahat cs ompensate. therwise t g rant i s r ecognised a s i o n r eceipt. W hen t he r elates t o a i s i s d educted rom asset hich i t he n et o f w hich i s a mortised o t he e xpected u seful l ife. Government g rants r elate t o a n e xpense a re r ecognised a s i ncome o ver t he p eriods n ecessary t o m atch t he g rant o n a s ystematic b asis t o t he c osts rrecognised wtherwise there ssumption that the grrant will W be received and raelates ll conditions w sill bis e is complied that it is intended to that cre ompensate. tahe geasonable rant is recognised as ioncome op n eriods eceipt. hen the to aon n aasset deducted rom Government grants to value aO ehen xpense re s income ver the to ggmrant atch the grant ystematic basis wtffith. o the ttche osts that it to is w intended to compensate. On therwise the rant is recognised income n receipt. When the rant relates to an asset is is deducted rom he asset hich it relates, telate he net of which is ggraecognised mortised oaver the aaes xpected uo seful life.necessary that it to is w intended to that compensate. tahe rant is recognised ioncome n eriods receipt. When the to aon n aasset is is deducted rom asset hich it relates, he net of which is graecognised mortised oaver the aes xpected uo seful life.necessary Government grants rttelate to vvalue aO n therwise expense re s income ver the p to ggmrant atch rrelates the grant systematic basis tffo the ttche osts that i t i s i ntended t o c ompensate. O therwise t he rant i s r ecognised s i ncome o n r eceipt. W hen t he rant elates t o a n a sset i s i s d educted rom he asset t o w hich i t r elates, he n et alue o f w hich i s a mortised o ver t he e xpected u seful l ife. (g) Cash a nd c ash e quivalents (g) Cash a nd c ash e quivalents asset t o w hich i t r elates, t he n et v alue o f w hich i s a mortised o ver t he e xpected u seful l ife. going discussions hhich ave been held with W A government with at vhe iew tver o renegotiating the of trhe he ois riginal tadium evelopment Government grants rtelate to value atOhe n therwise expense re s income the p to gmrant atch the loan grant on n aatsset systematic bsasis tfo the dtche osts that is w intended to that compensate. tahe rant is recognised aes xpected ioncome n eriods receipt. W hen terms the elates to faor is deducted rom asset it tnd o it relates, he neiet of which is graSecognised mortised oaover uoseful life.necessary Cash a s hort-‐term d eposits n t he C onsolidated tatement f F inancial P osition c omprise c ash a t b ank a nd i n h and a nd s hort t erm d eposits w ith a n (g) Cash a nd c ash quivalents Cash shich hort-‐term eposits n tvhe Consolidated tatement f Financial Position cash at the bank and relates in hand hort its erm deposits fw ith tahe n that i1,126,327 s w intended to cdompensate. Otherwise the is recognised income n cromprise eceipt. hen grant to aand n assset is deducted rom (g) Cash nd eiet quivalents rying value of it a$tnd aaas at cctash 3he 1 nD ecember 014); asset o it relates, alue of w2hich is gaSrant mortised oover the aes xpected uoseful life. W (g) Cash nd ash e quivalents original m aturity oelates, f atthree hree months onths or r Clless, ess, hat re eadily onvertible o nown mounts of f ccash ash and which hich re ubject o saahort n iinsignificant nsignificant isk o owf f ith hanges n Cash hort-‐term deposits iquivalents n tvhe onsolidated tatement f Financial osition comprise t bank and in sshubject and and term deposits an iin original f m o tthat aare eadily cconvertible kkP w aare tto n rrisk cchanges (g) aatnd Cash nd ctash asset o m wssaturity hich it ro he ne alue of w hich is aSSrrmortised oo the tteo xpected uaamounts seful life.o Cash nd hort-‐term deposits n the Consolidated tatement over f Financial Pnown osition comprise cash aand t bank and in hand and short term deposits with an (g) Cash nd cash eiiet quivalents Cash hort-‐term deposits n the onsolidated tatement of Financial osition comprise ash aand t bank and in shubject and and term deposits an in value.aand original mssaturity of athree months or C less, that are SSreadily convertible to kP nown amounts of cccash which are to ssahort n insignificant risk ow f ith changes value. Cash nd hort-‐term d eposits i n t he C onsolidated tatement o f F inancial P osition c omprise ash a t b ank a nd i n h and a nd hort t erm d eposits w ith a n original mm aturity f athree months ofree r less, that aterm re readily to ktPnown amounts of ccash and which are to sahort n insignificant risk owf ith changes (g) Cash cinterest ash eiquivalents Cash and hort-‐term dn eposits n the onsolidated tatement Financial osition comprise t bank and in sshubject and and term deposits an iin eement has been ade foooor and short loan ccconvertible to ouf nderpin he 2015 cashflow; original msaturity f three months or Cless, that are Sreadily onvertible to known amounts of ash and which are ubject to an insignificant risk of changes n value. original msaturity f athree months or Cless, that are Sreadily onvertible to kPnown amounts of cash and which are to sahort n insignificant risk owf ith changes (g) Cash nd cash eiquivalents value. Cash and hort-‐term deposits n the onsolidated tatement of Financial osition comprise t bank and in sshubject and and term deposits an iin original m aturity o f t hree m onths o r l ess, t hat a re r eadily c onvertible t o k nown a mounts o f c ash a nd w hich a re ubject t o a n i nsignificant r isk o f c hanges n value. For t he p urpose o f t he C onsolidated S tatement o f C ashflows, c ash a nd c ash e quivalents c onsist o f c ash a nd c ash e quivalents a s d efined a bove, n et o f For t he p urpose o f t he C onsolidated S tatement o f C ashflows, c ash a nd c ash e quivalents c onsist o f c ash a nd c ash e quivalents a s d efined a bove, n et o f value. Cash and hort-‐term deposits in the onsolidated tatement of Financial osition comprise ash aand t bank and in shubject and and term deposits an in original msaturity of three months or Cless, that are Sreadily convertible to kPnown amounts of ccash which are to sahort n insignificant risk owf ith changes value. outstanding b ank o verdrafts. For t he p urpose o f t he C onsolidated S tatement o f C ashflows, c ash a nd c ash e quivalents c onsist o f c ash a nd c ash e quivalents a s d efined a bove, n et o f nificant uplift n tphe bboardcast evenues 2016; outstanding ank original murpose aturity the hree months oir n that aand re convertible to ckash nown amounts coonsist f cash oaf nd which subject to an iansignificant risk of ncet hanges For tihe oof of tverdrafts. Cronsolidated Sless, tatement of rCeadily ashflows, cash and equivalents cash and acre ash equivalents s defined above, of in value. For the purpose of otverdrafts. he Consolidated Statement of Cashflows, cash and cash equivalents consist of cash and cash equivalents as defined above, net of outstanding bank For the purpose of otverdrafts. he Consolidated Statement of Cashflows, cash and cash equivalents consist of cash and cash equivalents as defined above, net of value. outstanding b ank For the purpose of otverdrafts. he Consolidated Statement of Cashflows, cash and cash equivalents consist of cash and cash equivalents as defined above, net of outstanding bank (h) Trade aand o eceivables (h) nd other ther rrh eceivables outstanding bank omprehensive review oTrade f oef ooxpenditure as b een carried out with cash improvements in efficiency For the purpose tverdrafts. he Consolidated Statement of Cashflows, and cash equivalents consist m of ade cash faor nd 2c015. ash equivalents as defined above, net of outstanding bank verdrafts. Trade r eceivable w hich g enerally h ave 30-‐90 0-‐90 d days ays erms, re rrcecognised ecognised nd eccquivalents arried aat t o ocriginal riginal nvoice mount ess n aallowance llowance or u uncolletable ncolletable mounts. (h) Trade a nd o ther r eceivables Trade r eceivable w hich g enerally h ave 3 aare aand arried lless aan ffor aamounts. For the purpose of otverdrafts. he Consolidated Statement of ttCerms, ashflows, ash and cash onsist iinvoice of cash aaamount nd cash equivalents as defined above, net of (h) Trade and other receivables outstanding bank (h) receivable Trade and other receivables Trade w hich g enerally h ave 3 0-‐90 d ays t erms, a re r ecognised a nd c arried a t o riginal i nvoice a mount less an allowance for uncolletable amounts. (h) Trade a nd o ther r eceivables outstanding b ank o verdrafts. Trade receivable which generally have 30-‐90 days terms, are recognised and carried at original invoice amount less an allowance for uncolletable amounts. (h) Trade a nd o ther r eceivables Trade receivable which gaenerally 30-‐90 d and cd arried at oaariginal invoice mount less tahey n re allowance ncolletable aomounts. ssociations ability to oocf f ontinue s a going concern an eet aaire ts decognised ebts and future s bbaaae when fall due ior s w ependant n AAann number Collectibility ttrade receivables iih rreviewed o aan o b IIndividual ebts hat re ttao ccollectable w ritten o iidentified. Collectibility rade eceivables s ave eviewed oays n nd n tterms, omngoing ngoing brrasis. asis. ndividual ebts cttommitments hat re kknown nown o e nd ollectable w ritten offff ff wdu hen dentified. Trade which generally hs ave 30-‐90 d ays erms, re ecognised and cdarried at original invoice mount less aaan re allowance or uhen ncolletable amounts. (h) rreceivable Trade arnd other receivables Trade eceivable which generally hs ave 3w0-‐90 d ays terms, are brasis. ecognised ahat nd cdtarried at oariginal invoice ae mount lcess aan re athe llowance fff or uhen ncolletable amounts. An i mpairment p rovision i s r ecognised hen t here i s o bjective e vidence t he A ssociation w ill n ot b e a ble t o ollect r eceivable. F inancial d ifficulties Collectibility o f t rade r eceivables i r eviewed o n a n o ngoing I ndividual ebts t hat re k nown t o b c ollectable w ritten o w i dentified. An tors, including; An i mpairment p rovision i s r ecognised w hen t here i s o bjective e vidence t hat t he A ssociation w ill n ot b e a ble t o c ollect t he r eceivable. F inancial d ifficulties (h) arnd other receivables Collectibility of Trade trade eceivables ihs ave reviewed oays n an terms, ongoing Individual ebts that re known to bae mount collectable written offf wuhen identified. An Trade receivable which generally 30-‐90 d are b rasis. ecognised and cd at oaariginal invoice less aaan re allowance or ncolletable amounts. Collectibility of d tefault rade rp eceivables reviewed ohere n tthan an ios 6 ngoing bo asis. Individual dtarried ebts that re known to bbe e ao re ritten off when identified. An lloss of ttihe d ebtor, ayments o r d ebts m d verdue aare ccnd onsidered o vidence f iimpairment. w TThe aamount o he iimpairment An mpairment rovision is recognised w0-‐90 hen td o0 evidence he Association weeill not to lcess ollect the receivable. f difficulties of he deceivable ebtor, efault ayments oiihs r ave d ebts more ore 0 bjective days ays verdue re ttahat onsidered ot bjective bjective vidence occble f ollectable mpairment. he mount oncolletable f FFttinancial he mpairment Collectibility of dtp rade rpeceivables s reviewed ohere n han an terms, os 6ngoing borasis. Individual dtarried ebts that ariginal re known to bbe e mount ollectable an re w ritten offf wuhen identified. An oss Trade r w hich g enerally 3 ays a re ecognised c a o i nvoice a a a llowance or a mounts. An i mpairment p rovision i s r ecognised w hen t i o bjective e vidence hat he A ssociation w ill n ot a ble t o c ollect t he r eceivable. inancial d ifficulties Collectibility o f t rade r eceivables i s r eviewed o n a n o ngoing b asis. I ndividual d ebts t hat a re k nown t o b e c ollectable a re w ritten o ff w hen i dentified. An loss An i mpairment p rovision i s r ecognised w hen t here i s o bjective e vidence t hat t he A ssociation w ill n ot b e a ble t o c ollect t he r eceivable. F inancial d ifficulties is t he r eceivable c arrying a mount c ompared t o t he p resent v alue o f e stimated f uture c ash f lows, d iscounted a t t he o riginal e ffective i nterest r ate. of t he d ebtor, d efault p ayments o r d ebts m ore han 6 0 d ays o verdue a re c onsidered o bjective e vidence o f i mpairment. T he a mount o f t he i mpairment is t he r eceivable c arrying a mount c ompared t o t he p resent v alue o f e stimated f uture c ash f lows, d iscounted a t t he o riginal e ffective i nterest r ate. An i mpairment p rovision i s r ecognised w hen t here i s o bjective e vidence t hat t he A ssociation w ill n ot b e a ble t o c ollect t he r eceivable. F inancial d ifficulties tinued support o f t he A ustralian R ugby U nion, m embers, s ponsors a nd f inanciers. of t he d ebtor, d efault p ayments o r d ebts m ore t han 6 0 d ays o verdue a re c onsidered o bjective e vidence o f i mpairment. T he a mount o f t he i mpairment Collectibility o f t rade r eceivables i s r eviewed o n a n o ngoing b asis. I ndividual d ebts t hat a re k nown t o b e c ollectable a re w ritten o ff w hen i dentified. An lloss An tthe ihe mpairment rovision ias mount recognised when to here ips resent evidence the Association weill vidence niscounted ot be aoble to che ollect the reeceivable. difficulties of deceivable ebtor, dpefault payments ocr ompared debts more the han 6o0 bjective days overdue are that considered ocbjective f impairment. The amount interest o f Ftinancial he impairment oss is r c arrying t t v alue o f e stimated f uture ash f lows, d a t t o riginal ffective r ate. of ebtor, ayments ois d ebts more han 6ngoing days oasis. verdue are that considered ocbjective f ollectable impairment. w The amount o f Ftinancial he impairment Collectibility of d tpefault rade rp eceivables reviewed n tthe an ipos resent dthe ebts that are flows, known to bbe e ao cble re ritten off winterest hen identified. An lloss is rd eceivable crovision arrying cr ompared ttoo vbalue o If ndividual estimated future ash d ato t tche oariginal ffective rate. An tttthe ihe mpairment iaas mount recognised when here o0 bjective evidence Association weeill vidence niscounted ot ollect the reeeceivable. difficulties of he d ebtor, d efault p ayments o r d ebts m ore han 6 0 d ays o verdue a re c onsidered o bjective vidence o f i mpairment. T he a mount o f t he i mpairment oss is he r eceivable c arrying mount c ompared t o t he p resent v alue o f e stimated f uture c ash f lows, d iscounted a t t he o riginal ffective i nterest r ate. (i) Income T ax (i) Income T ax is the rdeceivable crovision arrying tto the resent value of estimated future ash flows, d ato t the original ffective interest rate. An ihe mpairment pefault iaas mount rm ecognised hen here ip Association weill vidence niscounted ot bte aoble ollect the reeeceivable. difficulties of ebtor, dchieve payments occr ompared debts m han 6o0 bjective days oiverdue are that considered occbjective f Aimpairment. w The acmount o f Ftinancial impairment loss d the Association not aIncome tax he atters sw et oore ut athe bove tthere s esvidence ignificant uthe ncertainty hether he ssociation ill ontinue ahe s taax. rgate. oing concern is tthe receivable carrying mount ompared tso ps oresent vncome alue of Teax stimated future ash fw lows, d iscounted at stcporting he original ffective interest The A ssociation i s a b ody i n a ccordance w ith 50-‐45 f he I A ssessments A ct ( 1997) w hich e xempts c lubs f rom i ncome (i) T The Association is a body accordance wm ith 50-‐45 Ivncome Assessments (1997) hich exempts c Tlubs rom income of he ebtor, Income default pTayments ocr ompared debts ore han 6f 0 tdhe ays overdue are considered bjective ewvidence of impairment. he afmount of the tax. impairment loss (i)tthe axain rdeceivable cealise arrying mount tso tthe poresent alue of Teax stimated future Acocct ash flows, dusiness iscounted at stporting he riginal effective interest rtate. (i) Income Tax herefore wis hether it will its ssets and weith xtinguish liabilities in normal ourse of wbhich and at oothe mounts tated he financial The Association irs a body in aaccordance so 50-‐45 oresent f its the Ivncome Teax Athe ssessments Acct (1997) exempts stporting calubs from sincome tin ax. (i) Income Tax is t he r eceivable c arrying a mount c ompared t t he p alue o f stimated f uture ash f lows, d iscounted a t he riginal e ffective i nterest r ate. The A ssociation i s a b ody i n a ccordance w ith s 50-‐45 o f t he I ncome T ax A ssessments A ct ( 1997) w hich e xempts s porting c lubs f rom i ncome t ax. (i) Income axin accordance The ssociation is a bttody ith s50-‐45 of tahe Income Tax Assessments Act (1997) which exempts sporting clubs income tax. amounts or to (j) A Other axes t. The consolidated financial rTeport does not w any djustment relating to the recoverability or classification of ffrrom ecorded asset (j) Other axes The ssociation is a body accordance winclude ith s50-‐45 of the Income Tax Assessments Act (1997) which exempts sporting clubs rom income tax. (i) A Income Taxiin The Association is a abtnd ody n accordance with sn 50-‐45 othe f the Income TGax Aessessments Act (1997) which exempts sporting clubs from income tax. Revenue, e xpenses a ssets a re r ecognised et o f a mount o f ST xcept: (j) Other axes Revenue, e xpenses a nd a ssets a re r ecognised n et o f t he a mount o f G ST e xcept: mounts or (i) c lassification o f l iabilities t hat m ight b e n ecessary s hould t he A ssociation n ot b e a ble t o c ontinue a s a g oing c oncern. Income T ax (j) Other t axes The Association is a btody in accordance with s50-‐45 of the Income Tax Assessments Act (1997) which exempts sporting clubs from income tax. (j) Other axes When he aG Gssets ST aiiccordance ncurred on n purchase urchase ohe f tgghe oods nd ervices s n not ot rrecoverable ecoverable rom he ettxempts axation saaporting uthority, n w wfrom hich iccncome ase tthe he tax. GST ST iis s Revenue, are recognised et of oto aoods mount of ssTervices GST Aessessments xcept: -‐-‐ eexpenses When he ST ncurred o p aand iis ffrom tthe axation uthority, iin hich ase G (j) Other axes The is a aabtttnd ody in waaith sn 50-‐45 f f Income Act (1997) which clubs Revenue, xpenses nd assets are recognised n et of the amount of Gax ST except: (j) Association Other axes Revenue, expenses a nd a ssets are recognised naaet of tohe mount oaasset f services GST er xcept: recognised aaST s p art o f tthe ccost o f cquisition o f tthe o aas f tthe eexpense iitem aas aapplicable; aand -‐ When t he G incurred on a purchase f gaaoods and is p nart ot o recoverable from the taxation authority, in which case the GST is recognised s p art o f he ost o f cquisition o f he sset o r s p art o f he xpense tem s pplicable; nd Revenue, e xpenses a nd a ssets a re r ecognised n et o f t he mount o f G ST e xcept: -‐ When t he G ST i ncurred o n a p urchase o f g oods a nd s ervices i s n ot r ecoverable f rom t he t axation a uthority, i n w hich c ase t he G ST i s Statement of When Compliance (j) Other axes Revenue, attnd apre recognised of tohe mount oasset f saervices Gmount ST -‐-‐-‐ expenses he aGssets on a hich purchase f gaoods attnd is ot from the taxation authority, which case the GST is Receivables nd ayables, w re tated w ith he opf f n G ST ncluded. recognised aST piincurred art of the cost of naet of ith the oer xcept: as orrecoverable f iincluded. the expense item as applicable; and iin Receivables aas nd pre ayables, w aacquisition re sstated w he mount o G ST When tnd he aGssets ST ncurred on a hich purchase ohe f gaoods and saervices is nart ot ecoverable from the taxation authority, n which case the GST is (j) Other axes recognised a s p art o f t he c ost o f a cquisition o f t he a sset o r a s p art o f t he e xpense i tem a s a pplicable; a nd Revenue, e xpenses a a r ecognised n et o f t mount o f G ST e xcept: When the GaST on ao hich pr urchase of goods as services is ot ecoverable from the taxation aouthority, in w hich case the GST iSs tatement nancial report cet wf ith Arustralian ccounting Standards ahe iassued Ariincluded A ccounting Standards recognised pincurred art of Atffhe cost op f ayable aacquisition of ith sset or bay s art f ustralian the expense item as applicable; nd Board. The n o G ecoverable rom, o, tthe ttttaxation aauthority iiST s aas art o rreceivables r n tthe onsolidated omplies -‐-‐ amount Receivables as ayables, w re stated w tnd he otp f nhe G The net of GaST ST rom, o, gaoods he axation uthority s o s p pfrom art otf f he eceivables r p paaayables ayables n hich he C Ccase onsolidated recognised aST s nd pincurred art of the cost opf nayable aet cquisition of ith he oer xcept: as orncluded f iincluded. the expense item as applicable; nd in iiw Revenue, expenses ap recognised of totthe mount oaasset f saaervices Gmount ST -‐-‐ amount Receivables pre ayables, w re stated w he mount op G ST When tnd he raecoverable Gssets on ao hich pr urchase f attnd is nart ot ecoverable taxation aouthority, the GST iSs tatement recognised aaas nd part of tfhe cost opf ayable aaacquisition of ith taxation he sset or as pf art oincluded f included. the expense item as applicable; aayables nd -‐ Receivables nd p ayables, w hich re s tated w he a mount o f G ST ncluded. of F inancial P osition. The n et a mount o f G ST r ecoverable rom, o r t o, t he t a uthority i s a s p art o f r eceivables o r p i n t he C onsolidated of Financial Position. Receivables a nd p ayables, w hich a re s tated w ith t he a mount o f G ST i ncluded. -‐-‐ amount When t he G ST i ncurred o n a p urchase o f g oods a nd s ervices i s n ot r ecoverable f rom t he t axation a uthority, i n w hich c ase the GST iSSs tatement The net o f G ST r ecoverable f rom, o r p ayable t o, t he t axation a uthority i s i ncluded a s p art o f r eceivables o r p ayables i n t he C onsolidated tatement recognised aas nd part of tfhe cost aacquisition of ith he asset or as opf art f included. the expense item as applicable; nd Receivables payables, wohich re stated w the amount GiST The net amount of G ST rd ecoverable rom, r opf ayable to, the ttaxation authority s oincluded as part of receivables or paayables in the Consolidated Statement of Financial Position. anges in accounting p olicy a nd isclosures The n et a mount o f G ST r ecoverable f rom, o r p ayable t o, t he t axation a uthority i s i ncluded a s p art o f r eceivables o r p ayables i n t he C onsolidated Statement recognised a s p art o f t he c ost o f a cquisition o f t he a sset o r a s p art o f t he e xpense i tem a s a pplicable; a nd of Financial Position. -‐ Receivables a nd p ayables, w hich a re s tated w ith t he a mount o f G ST i ncluded. The n et a mount o f G ST r ecoverable f rom, o r p ayable t o, t he t axation a uthority i s i ncluded a s p art o f r eceivables o r p ayables i n t he C onsolidated S tatement of Financial osition. Cash flows aaP iincluded in Statement o C o aa ggross asis aand GST o fflows from iinvesting nd Cash lows re ncluded n ttahe he Cponsolidated onsolidated of f Cwashflows ashflows oan n uthority ross bST nd tthe he ST ccoomponent omponent of f ccoash ash lows aarising rising nvesting Saatatement nd of Financial Pre osition. -‐ amount Receivables nd C ayables, wohich are stated ith the amount of Gib included. The nfet of GST riecoverable from, r Sptatement ayable to, the taxation s asis included as G part f receivables r payables in the fCrom onsolidated of F inancial P osition. financing a ctivities, w hich i s r ecoverable f rom, o r p ayable t o, t he t axation a uthority, a re c lassified a s o perating c ash f lows. Cash f lows a re i ncluded i n t he C onsolidated S tatement o f C ashflows o n a g ross b asis a nd t he G ST c omponent o f c ash f lows a rising f rom i nvesting a nd financing a ctivities, w hich i s r ecoverable f rom, o r p ayable t o, t he t axation a uthority, a re c lassified a s o perating c ash f lows. nfet amount of GaST riecoverable from, or ptatement ayable tto, the taxation ofan uthority included as G paart f receivables r payables in the fCrom onsolidated Cash lows adopted re included n the Consolidated Shose of Cpashflows a gross ibs asis aend the ST coollows: omponent of coash flows arising investing Satatement nd ccounting The p olicies a re c onsistent w ith t o f he revious inancial y ear xcept s f of F inancial P osition. Cash flows are included in its he Consolidated Statement of Cto, ashflows on a gaross basis aare nd ctlassified he GST caomponent of cash cash flows. flows arising from investing and financing activities, which recoverable from, or payable the taxation uthority, s operating Cash flows aPre included in its he Consolidated Statement of Cto, ashflows on a gaross basis aare nd ctlassified he GST caomponent of cash cash flows. flows arising from investing and of F inancial osition. financing a ctivities, w hich r ecoverable f rom, o r p ayable t he t axation uthority, s o perating Cash f lows a re i ncluded i n t he C onsolidated S tatement o f C ashflows o n a g ross b asis a nd t he G ST c omponent o f c ash f lows a rising f rom i nvesting a nd financing a ctivities, w hich i s r ecoverable f rom, o r p ayable t o, t he t axation a uthority, a re c lassified a s o perating c ash f lows. Commitments and nd ccw ontingencies re d disclosed isclosed nr et et of f tthe he aatmount mount oaxation f G GST ST rrecoverable ecoverable from, rom, o or p payable ayable o tthe he ttaxation axation uthority. Commitments ontingencies aare o f tto aauthority. financing activities, hich s he recoverable from, on payable the to uthority, s operating are aincluded in Fiitinancial Consolidated Statement of Cto, ashflows on a gaaross basis aaafre nd cctlassified he r GST caaomponent of ccash cash fflows. flows arising from investing and financing ctivities, w hich s recoverable from, onr et payable o, the toaxation uthority, re lassified s operating ash lows. ation of ACash ASB f1lows 0 Caonsolidated Sdtatements. Commitments a nd c ontingencies a re isclosed o f t he a mount f G ST r ecoverable f rom, o r p ayable t o t he t axation a uthority. Cash flows are aincluded in its he Consolidated Statement of aCmount ashflows a rgecoverable basis aafre nd he GpST caomponent f cash cash flows. flows arising from investing and Commitments nd contingencies are disclosed et of the f o Gn ST rom, or ayable to the toaxation authority. financing activities, hich recoverable from, on payable o, the to aross uthority, ctlassified s operating Commitments and cw ontingencies are disclosed nr et of the atmount oaxation f GST recoverable from, or payable to the taxation authority. (k) Property, Plant lant nd quipment (k) Property, P aand EEquipment Commitments and cw ontingencies are disclosed nr et of the atmount oaxation f GST recoverable fre rom, or payable to the taxation authority. financing a ctivities, hich i s r ecoverable f rom, o p ayable o, t he t a uthority, a c lassified a s o perating c ash f lows. and contingencies aost re isclosed of the amount of G ST raecoverable from, impairment or payable tlo the taxation authority. Plant nd eequipment quipment s ssPtated tated t tcche ess ccumulated depreciation epreciation nd ny aaccumulated ccumulated osses. (k) lant Equipment dition the ACommitments ssociation hProperty, as adopted aaall nddlless ew nd nnaet mended Australian Accounting Standards and A ASB Interpretations as of 1 January 2013, Plant aand iis and t aaaccumulated d aand ny osses. (k) Property, Plant nd Equipment Commitments and contingencies aost re isclosed et of the amount of G ST raecoverable from, impairment or payable tlo the taxation authority. (k) and equipment Property, Ptated lant aand Equipment Plant i s s t c ost l ess a ccumulated d epreciation a nd a ny a ccumulated i mpairment l osses. (k) and equipment Property, Ptated lant aand Equipment ing Commitments a nd c ontingencies a re d isclosed n et o f t he a mount o f G ST r ecoverable f rom, o r p ayable t o t he t axation authority. Plant i s s t c ost l ess a ccumulated d epreciation a nd a ny a ccumulated i mpairment l osses. (k) Property, lant Equipment Plant and equipment is sPtated t traight-‐line cost less accumulated depreciation any accumulated impairment Depreciation s alculated on n aaaa ssnd basis asis o over ver tthe he stimated aau und seful ife of f tthe he sspecific pecific ssets aas s llffosses. ollows:-‐ Depreciation iis ccalculated o b eestimated seful llife o aassets ollows:-‐ Plant and equipment is sPtated t traight-‐line cost less accumulated depreciation nd any accumulated impairment osses. (k) Property, lant a nd E quipment Plant and equipment is stated t traight-‐line cost less accumulated depreciation any accumulated impairment Depreciation is calculated on aa snd basis over the estimated aund seful life of the specific assets as lfosses. ollows:-‐ (k) Property, lant Equipment Depreciation is calculated on aa st traight-‐line basis over the estimated aund seful life of the specific assets as lfosses. ollows:-‐ Plant and equipment is sPtated cost less accumulated depreciation any accumulated impairment ence Title Summary Depreciation is calculated on a straight-‐line basis over the estimated useful life of the specific assets a2014 s follows:-‐ 2014 2013 2013 Depreciation i s c alculated o n a s traight-‐line b asis o ver t he e stimated u seful l ife o f t he s pecific a ssets a s f ollows:-‐ Plant a nd e quipment i s s tated a t c ost l ess a ccumulated d epreciation a nd a ny a ccumulated i mpairment l osses. Depreciation calculated on a straight-‐line basis over estimated seful life of the specific assets ay2014 s ears ftollows:-‐ aand ffittings 2 tto 1 0 2 tto 1 ears 13 Fair Value is Furniture AASB 13 establishes a sthe ingle source uo f guidance for determining he fair value o0 f yya2013 ssets and liabilities. AASB 13 does no Furniture nd ittings 2 o 1 0 y ears 2 o 1 0 ears 2014 2013 Depreciation is calculated on a straight-‐line basis over the estimated useful life of the specific assets a2014 s follows:-‐ 2013 Leasehold i mprovements the l ease t erm the l ease t erm Furniture a nd f ittings 2 t o 1 0 y ears 2 t o 1 0 y ears Leasehold i mprovements the l ease t erm the l ease t erm 2013 Measurement required to use fair value, ut rather, provides guidance ow tollows:-‐ o determine f0 air value when fair value is required or Depreciation is calculated on a straight-‐line basis over the ebstimated useful life of the specific 2 aossets ay2014 s f Furniture and fittings tn o 1h0 ears 2 t o 1 y ears Furniture aind fittings 2 tlo 17 0 yyy2014 ears 2 tlo 17 0 yyy2013 ears Motor vvehicles Leasehold mprovements the ease tears erm the ease tears erm Motor ehicles Furniture aind fittings 2 tlo 17 0 f2014 2 tlo 1a7 0 ssets. Leasehold mprovements the ease tears ermthe relevant the ease tears erm Consequential amendments wer definition m ay r esult i n d ifferent f air v alues b eing d etermined or 2013 Furniture a nd f ittings 2 t o 1 0 y ears 2 t o 1 0 y ears Leasehold the ease erm the ease erm Plant aand eimprovements quipment 2 tlo 1 5 2 tlo 1 5 Motor vehicles 7 yttears 7 yttears Plant nd quipment 2 1 5 ears 2 1 5 ears Leasehold mprovements the ease erm the ease erm Motor vehicles Furniture aeiind fittings 2 ttllo o 17 0 yyyy2014 ears 2 ttllo o 17 0 yyyy2013 ears via AASB 2011-‐8. Leasehold mprovements the ease tears erm the ease tears erm Motor vehicles 7 ears 7 ears Website i nfrastructure 3 y ears 3 y ears Plant a nd e quipment 2 t o 1 5 2 t o 1 5 Website i nfrastructure 3 y ears 3 y ears Motor v ehicles 7 7 Furniture aeind fittings 2 tlo 17 0 2 tlo 17 0 Plant and quipment 5 yytears ears 5 yytears ears Leasehold mprovements the ease erm the ease erm Motor v ehicles Plant and infrastructure equipment 2 to 13 5 years 2 to 13 5 years Website There w as n o i mpact o f a dopting t his s tandard. Plant and eimprovements quipment 2 tlo 13 5 yyytears ears 2 tlo 13 5 yyytears ears Leasehold the ease erm the ease erm Website infrastructure Motor vehicles 7 ears 7 ears Plant a nd e quipment 2 t o 1 5 2 t o 1 5 Website i nfrastructure 3 y ears 3 y ears The aassets' ssets' Brresidual esidual alues, uThe seful revised ives aand nd mortisation methods ethods re eviewed aaond nd djusted iif f aappropriate, ppropriate, t enefits. ach ffinancial inancial ear nd. between short-‐term and The vvalues, u seful llives aamortisation m aare rreviewed aahort-‐term djusted aabt eeach yyear eend. Website infrastructure 3 yyears 3 yyears 2011-‐4 Employee enefits s tandard c hanges t he d efinition f s e mployee T he istinction Motor v ehicles 7 7 Plant a nd e quipment 2 t o 1 5 ears 2 t o 1 5 ears Website infrastructure 3 3 dyear The assets' residual values, useful lives and amortisation methods are reviewed and adjusted 2 if tao ppropriate, at each 2 ftinancial end. Plant a nd e quipment 1 5 y ears o 1 5 y ears The assets' residual v alues, u seful l ives a nd a mortisation m ethods a re r eviewed a nd a djusted i f a ppropriate, a t e ach f inancial y ear e nd. now based on mwethods hether the benefits expected to years be settled wfholly ithin 2 months after the reporting Website infrastructure 3 3 yw ears The assets' residual values, ubenefits seful lives is and amortisation are reviewed and aare djusted if appropriate, at each inancial year e1nd. The assets' residual values, u2014 seful lives and amortisation methods are reviewed and adjusted if appropriate, at each financial year end. 54 RUGBYWA ANNUAL REPORT Website i nfrastructure 3 y ears 3 y ears ere also m to aore ther standards via AASB 2011-‐0. at each financial year end. The assets' residual values, uamendments seful lives and aw mortisation made ethods reviewed and adjusted if appropriate,

WESTERN WESTERN A AUSTRALIAN USTRALIAN R RUGBY UGBY U UNION NION ((INC.) INC.) WESTERN AINANCIAL USTRALIAN RUGBY UNION NOTES T O T HE F S TATEMENTS FOR ((INC.) THE YEAR WESTERN AUSTRALIAN RUGBY UNION INC.) NOTES TTO FFAINANCIAL SSTATEMENTS FFOR TTHE WESTERN USTRALIAN RUGBY 2U014 NION ENDED 31 DECEMBER NOTES O TTHE HE INANCIAL TATEMENTS OR ((INC.) HE Y YEAR EAR WESTERN A USTRALIAN R UGBY U NION INC.) NOTES TO THE FAINANCIAL STATEMENTS FOR (INC.) THE YEAR ENDED 3 1 D ECEMBER WESTERN USTRALIAN RUGBY 2 U014 NION ENDED 3 1 D ECEMBER 2 014 NOTES TO ATUSTRALIAN HE F INANCIAL S TATEMENTS F OR T HE Y WESTERN R UGBY U NION ( INC.) ENDED 31 DECEMBER 2014FOR THE YEAR NOTES TO THE FINANCIAL STATEMENTS EAR (i) Impairment ENDED 31 DECEMBER 2014FOR THE YEAR NOTES T O T HE F INANCIAL S TATEMENTS (i) Impairment ENDED 3 1 D ECEMBER 2 014 NOTES T O T HE F INANCIAL S TATEMENTS F OR T HE Y EAR in circumstances indicate that the carrying The c arrying v alues o f p roperty, p lant a nd e quipment a re r eviewed f or i mpairment w henever e vents o r c hanges (i) Impairment 31 DECEMBER 2014 (i) Impairment The ccarrying vvnalues o f p roperty, p lant aand eequipment aas rrT eviewed fENDED or tiimpairment w henever vents o r cY hanges ccircumstances ndicate tthat ccarrying NOTES Tre O HE FINANCIAL STATEMENTS FeeOR THE EAR aiin ENDED 3mount 1 DECEMBER 2014 amount m ay ot b e r ecoverable. A n i mpairment l oss i r ecognised f or he a b y w hich t he a sset's c arrying mount exceeds iiits recoverable amount. The arrying alues o f p roperty, p lant nd quipment re eviewed mpairment w henever vents o r hanges n ircumstances ndicate hat tthe he arrying (i) Impairment The crecoverable arrying vnalues orf property, pigher lant aond equipment as vre reviewed i3o mpairment wy henever events or carrying hanges ain circumstances its ndicate that the carrying amount m ay ot b e ecoverable. A n i mpairment l oss i r ecognised f or t he a mount b w hich t he a sset's mount e xceeds i r ecoverable a mount. (i) Impairment ENDED 1 D ECEMBER 2 014 The a mount i s t he h f a n a sset's f air alue l ess c osts t s ell a nd v alue i n u se. amount may vnalues ot be orf ecoverable. lant An impairment loss ias re recognised ffor he amount bwy henever which the asset's ccarrying ain mount exceeds iits recoverable amount. The c arrying p roperty, p a nd e quipment r eviewed or i mpairment e vents o r hanges c ircumstances ndicate t hat t he c arrying (i) Impairment amount may vnalues ot abmount e orf ecoverable. lant An impairment loss is ralue ecognised ffor he amount bwy henever wihich the asset's mount exceeds iits recoverable amount. The iis igher f aasset's ffair lless ssell aand n arrying property, ao equipment reviewed or ttio mpairment events or ccarrying hanges ain circumstances ndicate that the carrying (i) rrcecoverable Impairment The ecoverable abmount s tthe he h hp igher ond f aan n sset's air iaas vvre alue ess ccosts osts o ell nd vvalue alue ihich n u use. se. amount m ay n ot e r ecoverable. A n i mpairment l oss r ecognised f or t he a mount b y w t he a sset's c arrying a mount e xceeds i ts r ecoverable a mount. The c arrying v alues o f p roperty, p lant a nd e quipment re r eviewed i mpairment w henever e vents o r hanges i n c ircumstances i ndicate t hat t he c arrying The rcecoverable is the hpigher f an asset's fair ias vre less costs sell and value n use. amount may vnalues ot abmount e orf ecoverable. lant n impairment loss ralue ecognised for ttio he amount bwy henever wihich the asset's mount exceeds iits recoverable amount. The arrying aoP nd equipment reviewed mpairment events or carrying hanges ain circumstances ndicate that the carrying (ii) Derecognition and dA isposals TATEMENT OF SIGNIFICANT Aproperty, CCOUNTING The recoverable abmount is the higher of OLICIES an asset's fair is vralue less costs to sell and value ihich n use. amount m ay n ot e r ecoverable. A n i mpairment l oss ecognised f or he a mount b y w t he a sset's c arrying a mount e xceeds i ts r ecoverable a mount. (ii) a The recoverable is atnd he igher of an is adsset's fair is vralue less dcisposal osts sr ell ahen nd vnalue n use. amount m nDerecognition ot abmount e rpecoverable. d n impairment loss ecognised for to he aw mount by further wihich tfuture he asset's carrying amount exceeds its frrom ecoverable An of ay property, lant eh quipment erecognised upon o economic benefits are expected its use oar mount. disposal. (ii) item Derecognition and nd dAisposals isposals The recoverable amount is atnd he igher of an is adsset's fair value less dcisposal osts to o sr ell ahen nd vnalue in use. (ii) Derecognition and disposals An iitem o f p roperty, p lant eeh erecognised u pon w o ffurther ffuture eeconomic b enefits aare eexpected ffrom iits u se o r disposal. The recoverable amount is atnd he hquipment igher of an is adsset's fair value less dcisposal osts to o sr ell ahen nd vnalue in use. An tem o f p roperty, p lant quipment erecognised u pon o w o urther uture conomic b enefits re xpected rom ts u se o r isposal. (ii) item Derecognition and disposalsis derecognised upon disposal or when no further future economic benefits are expected from its use or d Basis of ooPf r reparation An plroperty, plant aerecognition nd equipment disposal. (ii) Derecognition and disposals Any g ain oss a rising o n d o f t he a sset ( calculated a s t he d ifference b etween t he n et d isposal p roceeds a nd t he c arrying a mount o f t he asset) An item of property, plant and equipment is derecognised upon disposal or when no further future economic benefits are expected from its use or disposal. (ii) Derecognition a nd d isposals consolidated fgginancial rrofit eport ioss s a ddaign eneral purpose financial report, w been pfurther repared in addeccordance with aatand he fxpected inancial reporting Any ain llroperty, oss aarising o n erecognition o f tthe aais sset ((calculated s tthich he d ifference etween tthe n et isposal p roceeds ccarrying aamount o f he aasset) An item oo f r pin pr lant nd equipment is derecognised upon daaisposal ohr as when nb o future conomic benefits re ttehe from its use orttr equirements disposal. (ii) Derecognition ahe nd dear isposals is i ncluded p o l t y t he a sset d erecognised. Any ain o r oss rising o n erecognition o f he sset calculated s he d ifference b etween he n et isposal p roceeds nd he arrying mount o f he sset) An item oof r pin pr lant nd equipment derecognised upon daisposal or when nbo further the future conomic benefits aand re tehe xpected from its use disposal. Any gain lroperty, oss arising oct n daao erecognition oaustralia f iis the ais sset (calculated s the difference etween nnd et deeoisposal puthorative roceeds carrying amount of f o tr he asset) is i ncluded p rofit o l oss i n t he y ear t he sset d erecognised. An i tem o f p roperty, p lant nd e quipment s d erecognised u pon d isposal o r w hen n o f urther f uture conomic b enefits a re e xpected f rom i ts u se o r d isposal. e Associations I ncorporation A f W estern A a nd A ustralian A ccounting S tandards a ther a p ronouncements o t he A ustralian is included in profit or loss in the year the oaf sset is sset derecognised. Any g ain o r l oss a rising o n d erecognition t he a ( calculated a s t he d ifference b etween t he n et d isposal p roceeds a nd t he c arrying a mount o f t he a sset) is included in pTrade rofit oar nd loss in the year the oaf sset derecognised. Any gain a or loss arising on dther erecognition the ais sset (calculated australian s the difference between the net disposal proceeds and the crarrying amount of teen he asset) (l) O P ayables unting Standards nd o ther a uthorative p ronouncements o f t he A A ccounting S tandards B oard. T he f inancial eport h as a lso b p repared is included profit or loss in the year the oaf sset derecognised. Any gain or in loss arising on dther erecognition the ais sset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) (l) Trade nd O P ayables included phe rofit oaar ther loss iayables n the year tphe dmortized erecognised. Any gb ain or in loss and rising on dther erecognition oaf sset the aait s sset (A calculated as tollars. he difference between the net adnd isposal proceeds and tto he carrying amount of tto he asset) Trade p ayables a p a re c arried a c ost nd r epresent l iabilities f or g oods s ervices p rovided t he A ssociation p rior t he e nd (l) Trade nd O P ayables historical is c(l) ost asis. T f inancial r eport i s resented i n ustralian d is included in pTrade rofit oar ther loss iayables n the year the asset ait s admortized erecognised. nd ther Payables Trade ayables nd p aaare ccarried ccost epresent lliabilities ffor ggoods aand sservices tto he is itncluded in profit loss iayables n uthe year the asset erecognised. of he p yaaear aO npaid nd arise waihen the Association obliged to m ake future payments respect ttoo he A urchase of p hese Trade pfinancial ayables nd ootar hat ther pre re arried t s admortized ost aand nd brrecomes epresent iabilities or oods nd ervices ip pn rovided rovided o f ttthe he Apssociation ssociation ptrior rior o gttoods he eend nd (l) Trade nd O ther P ayables Trade pfinancial ayables nd ao ther ayables aare carried at re amortized cost waithin nd brecomes epresent lf iabilities for goods and services ipn rovided to f tthe Association prior to gtoods he end of tthe ear ttahat npaid nd aarise w he tto ake ffuture p rrespect he urchase hese (l) nd aaOpre ther Puayables Trade and services. Trade Tyyaahe mounts au nsecured and uttsually paid 30 days o recognition. of he financial ear hat re ure npaid are nd rise waahen hen he A Association ssociation brecomes oobliged bliged o m m ake uture payments ayments ipn rovided espect to oo f tthe he Ap pssociation urchase o of f pttrior hese gtoods p ayables nd o ther p ayables a c arried t a mortized c ost a nd epresent l iabilities f or g oods a nd s ervices t o he e nd (l) Trade a nd O ther P ayables Management the ear tahat npaid nd arise waahen the Association obliged to m ake future payments respect too f tthe he Apssociation urchase of ptrior hese of sservices. Trade TTyahe mounts aaure nsecured aand u p 3 rrecognition. Trade pfinancial ayables nd aao ther ayables aare carried t re amortized cost w aithin nd brecomes epresent lf iabilities for goods and services ipn rovided to gtoods he end (l) nd aOpre ther Pu aand nd ervices. mounts uayables nsecured nd utsually sually paid aid 30 0 d days ays oo obliged ecognition. of the yahe ear that apre ure npaid nd aorise waaahen he Association brecomes tao nm ake future ppayments r$ espect he A(p2013: urchase of ptrior hese Trade pfainancial ayables nd ao ther ayables aare carried t re amortized cost w aithin nd epresent lf iabilities fet or gliability oods and services io pn rovided too f tthe ssociation to gtoods he aes nd of a nd s ervices. T he mounts a re u nsecured a nd re u sually p aid w ithin 3 0 d ays o f r ecognition. Association h as n et c urrent l iability p osition f $ 2,388,253 ( 2013: $ 1,364,598) a nd osition f 2,584,289 $ 1,982,088) at the pfinancial yaear unpaid aare nd arise wahen the Association obliged to m ake future payments respect too f tthe he Apssociation urchase of ptrior hese Trade ayables nd othat ther apre ayables carried t amortized cost and brecomes epresent liabilities for goods and services ipn rovided to gtoods he end (m) of and services. Provisions Tyhe amounts unsecured and re utsually paid within 30 days oobliged f recognition. the financial ear that are aure npaid and arise wahen he Association becomes to make future payments in respect of the purchase of these goods Provisions of a nd s ervices. T he a mounts a re u nsecured a nd a re u sually p aid w ithin 3 0 d ays o f r ecognition. t he f inancial y ear t hat a re u npaid a nd a rise w hen t he A ssociation b ecomes o bliged t o m ake f uture p ayments i n r espect o f t he p urchase o f t hese g oods ecember 2(m) 014 a nd a n et d eficit f or t he y ear o f $ 602,201 ( 2013: $ 1,160,490) Provisions are Provisions rTecognised when Association as uasually legal poaid r constructive bligation to make a future sacrifice of economic benefit to other entities as a (m) Provisions and services. he amounts are utthe nsecured and ah re within 30 do ays of recognition. (m) Provisions aare rrTecognised w ssociation as aasually robable llegal r onstructive bligation m uture ssacrifice f tto ther aa ade result and services. he amounts uthe nsecured and aih re within 30 do of recognition. of past ransactions ohen r aore ther pA events, is up a future acrifice of tto economic enefit will be ro and b reliable can baae s Provisions re t Provisions ecognised w hen he Aast ssociation ht as egal po oaid r tcchat onstructive osays bligation o make ake aa ffb uture acrifice oequired f eeconomic conomic baenefit enefit o eo ostimate ther eentities ntities s m (m) Provisions are tProvisions recognised w hen the pAast ssociation as a robable legal or tchat onstructive osacrifice bligation to make a fb uture sacrifice f economic baenefit to eostimate ther entities ae s m a ade result o f p ast ransactions o r o ther eevents, iiht iis p aa ffuture o f eeconomic enefit w ill b e rroequired aand rreliable ccan b (m) of t he a mounts o f t he o bligations. result o f p ast t ransactions o r o ther p ast vents, t s p robable t hat uture s acrifice o f conomic b enefit w ill b e equired nd a eliable e stimate an b e m consolidated f inancial r eport h as b een p repared o n a g oing c oncern b asis. I n a rriving a t t his p osition t he d irectors h ave h ad r egard t o t he f act hat Provisions are tProvisions recognised w the pAast ssociation a robable legal or tchat onstructive bligation make a fb uture sacrifice f economic to eostimate ther entities a tade (m) result oaf mounts past ransactions ohen r other events, ih t as is p a future o sacrifice of tto economic enefit will be ro equired and b aenefit reliable can baae s m of t he o f t he o bligations. Provisions a re r ecognised w hen t he A ssociation h as a l egal o r c onstructive o bligation o m ake a f uture s acrifice o f e conomic b enefit t o o ther e ntities s a ade (m) Provisions of htas, he oaof mounts of dtirectors’ he obligations. result p ast t ransactions o r ther p ast e vents, i t i s p robable t hat a f uture s acrifice o f e conomic b enefit w ill b e r equired a nd a r eliable e stimate c an b e m ade Provisions a re r ecognised w hen t he A ssociation h as a l egal o r c onstructive o bligation t o m ake a f uture s acrifice o f e conomic b enefit t o o ther e ntities a s a Association r i n t he o pinion w ill h ave a ccess t o, s ufficient c ash t o f und a dministrative a nd o ther c ommitted e xpenditure f or a p eriod of the oathe of the o bligations. result f mounts past ohen r other iht as is p a future osfor acrifice of to economic enefit will be roequired and baenefit reliable can abs ae Provisions re transactions recognised w the pAast a robable legal onstructive bligation make fb uture sacrifice f tehe conomic to eorstimate ther entities a ade When Aassociation expects some ossociation r aeell vents, of a provision to o br e ttcrhat eimbursed, an example an iansurance reimbursement ecognised as m of he of the o bligations. result f mounts past transactions r other ast vents, it is probable a future sfor acrifice of economic benefit ccwontract, ill be required and a reliable iis erstimate can abs e ade t less than 1tt2 mooaathe onths from the dooate o f tpphis When A ssociation e xpects sshe ome o r aareeport. ll o f aa p rovision tto b e rrhat eimbursed, aan eerxample aato n iiansurance tthe rreimbursement s ecognised aa m of he mounts o f t he o bligations. result f p ast t ransactions r otther ast vents, it is pvirtually robable tertain. hat a future sfxpense acrifice of economic bpenefit wontract, ill is be required an nd a rCeliable erstimate can abs e m separate a sset b ut o nly w hen r eimbursement c T he e elating ny rovision p resented i t he onsolidated S tatement o f ade When t he A ssociation e xpects ome o r ll o f p rovision o b e eimbursed, or n xample n nsurance c ontract, he eimbursement i s ecognised of t he a mounts o f t he o bligations. When t he A ssociation e xpects s ome o r a ll o f a p rovision t o b e r eimbursed, f or a n e xample a n i nsurance c ontract, t he r eimbursement i s r ecognised a s a separate asset b nly w hen iis ccertain. TThe relating any iis iin SStatement of of the amounts f to obligations. Comprehensive ncome net of ttsahe ny rreimbursement reimbursement. separate sset boIut ut ohe nly w hen he eimbursement s vvirtually irtually ertain. he eexpense xpense elating atto o ny p provision rovision s p presented resented n tthe he C Consolidated onsolidated tatement f When the aaA ssociation expects ome or all of a provision to be reimbursed, or an errxample n iaansurance contract, the reimbursement is recognised as a o separate bIut only w hen tsahe reimbursement is virtually certain. The effxpense elating ato ny provision is presented in the Consolidated Statement ncome n et o ny rreimbursement. When ome or all co f a provision to be rfeimbursed, or an example n insurance contract, the reimbursement is recognised as a of rming this Comprehensive view tthe he Asset dssociation irectors hexpects ave tf f aken into onsideration the ollowing. Comprehensive I ncome n et o a ny eimbursement. separate a sset b ut o nly w hen t he r eimbursement i s v irtually c ertain. T he e xpense r elating t o a ny p rovision i s p resented i n t he C onsolidated S tatement o f When t he A ssociation e xpects s ome o r a ll o f a p rovision t o b e r eimbursed, f or a n e xample a n i nsurance c ontract, t he r eimbursement i s r ecognised a s a Comprehensive Iut ncome et of otsahe ny reimbursement. separate sset nly w hen eimbursement is pvrovisions irtually certain. The efxpense elating ny provision is prresented in rtisks he Csonsolidated Statement When he aA ssociation expects or ais ll m of aterial, a provision to be raeimbursed, or uasing n erxample ato n iansurance contract, the reimbursement is tro ecognised as a of If the etffect of tb to vn f ome mrroney re discounted a current rate that eflects the pecific the liability. Comprehensive Iut ncome nalue et of tahe ny reimbursement. separate asset bhe oime nly w hen eimbursement is pvrovisions irtually certain. The expense relating to p are-‐tax ny provision is prresented in rtisks he Csonsolidated Statement of If t he e ffect o f t he t ime v alue o f m oney i s m aterial, a re d iscounted u sing a c urrent p re-‐tax r ate t hat eflects t he pecific t o t he l iability. Comprehensive Iut ncome et of otahe ny reimbursement. separate asset nly w hen eimbursement irtually certain. The e$xpense to pare-‐tax ny provision s prresented in rtisks he Csonsolidated Statement of If the effect of tbhe toime vn mroney is material, are (d2013: iscounted using relating a current rate eflects pecific to the liability. luded within current liabilities ialue s revenue ois f pv$rovisions 3,191,020 2,765,922) which does not that riequire a cthe ash outlay. Excluding the unearned Comprehensive Income et uonearned f af ny reimbursement. If the edffect of the ts ime vn money in s m aterial, provisions atre dpiscounted u sing is a rcecognised urrent pre-‐tax rate that reflects the risks specific to the liability. Comprehensive Income nalue et of oiaf ncrease ny reimbursement. When iscounting i u sed, t he i t he p rovision d ue t o he assage o f t ime a s a b orrowing c ost. If t he e ffect o f t he t ime v alue o f m oney i s m aterial, p rovisions a re d iscounted u sing a c urrent p re-‐tax r ate t hat r eflects t he r isks s pecific t o t he l iability. venue in aWhen liquidity analysis aus at 3the 1 Dincrease ecember the 2014, the Adssociation has a nf et current asset paosition of $802,767; iscounting p he piscounted assage ttime orrowing ccost. If the ed ffect of the iits ime value f money iiin s m aterial, provisions sing iis a rrcecognised urrent pre-‐tax that reflects specific to the liability. When iscounting used, sed, the o the provision rovision due ue tto o aattre he d assage o of u ime as s aa b brrate orrowing ost. the rrisks If the ed ffect of the its ime value oiif ncrease money iin s m aterial, provisions re dp iscounted u sing is a rcecognised urrent pre-‐tax ate that reflects isks specific to the liability. When d iscounting s u sed, t he ncrease n t he p rovision d ue t o t he p assage o f t ime s ecognised a s a b orrowing cost. tthe If t he e ffect o f t he t ime v alue o f m oney i s m aterial, p rovisions a re d iscounted u sing a c urrent p re-‐tax r ate t hat reflects he risks specific to the liability. (n) Employee l eave b enefits When discounting is used, the ncrease in A the provision due wto the time is recognised a borrowing ost. for the original stadium development going discussions have been eld wiiith the leave W gaovernment ith a ppvassage iew to oorf f enegotiating the aats erms of the ccloan (n) Employee lleave bancrease enefits When discounting is used, the in the provision due to the assage time is recognised s a borrowing ost. (i) Wages, sh alaries, nnual nd sick leave (n) Employee eave enefits When discounting is used, the ib ncrease in the provision due to the passage of time is recognised as a borrowing cost. (n) Employee l eave b enefits (i) Wages, s alaries, a nnual l eave a nd s ick l eave rrying value of $discounting 1,126,327 s sed, ast alaries, 3the 1 Diancrease ecember 014); When is a und in t2he provision due to the apnd assage of tlime is erxpected ecognised abs as ettled borrowing cost. Liabilities f or w ages a i ncluding n on-‐monetary b enefits a nnual eave t o e w ithin 12 months of the reporting date are (i) Wages, s alaries, nnual l eave a nd s ick l eave (n) Employee leave baenefits (i) Wages, salaries, nnual leave and sick leave Liabilities ffor w ages aamployee nd sslalaries, iincluding n on-‐monetary b enefits aand aannual llp eave eexpected tto b e ssettled w ithin 1 2 f rreporting d (n) Employee eave Ebntitlements enefits recognised i n o ther E i n r espect o f e mployees' s ervices u t o t he r eporting d ate. T hey a re m at o amounts expected to be Liabilities or w ages nd alaries, ncluding n on-‐monetary b enefits nd nnual eave xpected o b e ettled w ithin 1easured 2 m months onths othe f tthe he eporting date ate aare re (i) Wages, s alaries, a nnual l eave a nd s ick l eave (n) eave Ebntitlements enefits Liabilities for woEmployee ages nd sllalaries, including nion-‐monetary enefits and annual ulp eave expected to bde settled waithin 1easured 2 months othe f the reporting date are recognised iihe n ther EEamployee n rrespect o f eebmployees' sservices tto tthe rreporting ate. TThey re m aat aamounts eexpected tto (i) Wages, s alaries, a nnual l eave a nd s ick l eave (n) Employee eave b enefits paid w hen t l iabilities a re s ettled. recognised n o ther mployee E ntitlements i n espect o f mployees' ervices u p o he eporting d ate. hey a re m easured t t he mounts xpected o b be e reement hLiabilities as been fm ade for asn ialaries, nterest free short term leave oan benefits to underpin the 2leave 015 ecxpected ashflow; or w ages a nd s i ncluding n on-‐monetary a nd a nnual t o b e s ettled w ithin 1 2 m onths o f t he r eporting d ate a re (i) Wages, alaries, a nnual l eave a nd s ick l recognised n woWages, ther Eamployee Eantitlements n respect of ebmployees' services to the reporting ate. They re m1easured at othe amounts expected to be paid w hen ttihe llages iabilities aasalaries, re ssettled. Liabilities for nd including nion-‐monetary enefits and annual ulp eave expected to bde settled waithin 2 months f the reporting date are (i) salaries, nnual leave and sick leave paid w hen he iabilities re ettled. recognised n wolages ther Eamployee Entitlements n respect of ebmployees' services to the reporting ate. They re m1easured at othe amounts expected to be Liabilities nd asalaries, including nion-‐monetary enefits and annual ulp eave expected to bde settled waithin 2 months f the reporting date are paid when ffor tiihe iabilities re leave settled. recognised n woLong ther mployee Entitlements n respect of ebmployees' services to the reporting ate. They re m1easured at othe amounts expected to be Liabilities or ages nd salaries, including nion-‐monetary enefits and annual ulp eave expected to bde settled waithin 2 months f the reporting date are (ii) sEEaervice paid w hen tihe lther iabilities arre settled. recognised n ooardcast mployee Entitlements in a respect of employees' services up to the reporting date. They are measured at the amounts expected to be nificant uplift i n t he b evenues i n 2 016; nd (ii) Long s ervice l eave paid when tihe lther iabilities are leave seave ettled. recognised n oLong Eservice mployee Entitlements in respect of employees' spervices ualue p to o the reporting date. p Tayments hey are m easured at in the amounts expected to be The l iability f or l ong ervice l i s r ecognised a nd m easured a s t he resent v f e xpected f uture m ade t o b e r espect o f s ervices (ii) s paid when the liabilities are leave ettled. (ii) Long service The lliability ffeor llong ervice llsseave rrecognised aand m aas resent vvalue o ffuture m tto n o paid when the liabilities re to ettled. provided by mployees uap the riis eporting date using the projected credit method. Consideration is given to xpected wages nd salary levels, The iability or ong ssservice ervice eave s ecognised nd measured easured s tthe he up pnit resent alue of f eexpected xpected uture p payments ayments meade ade o b be e fiiuture n rrespect espect of f ssaervices ervices (ii) Long leave The l iability f or l ong s ervice l eave s recognised and m easured ais mprovements the upnit resent value expected fm uture meade to be n respect of saervices provided b y e mployees u p t o tthe eporting d u sing tthe rojected ccredit m re C onsideration iis gg2 iven tto xpected ffiuture w ages nd ssalary comprehensive review omployee f expenditure hrrias bnd een cate arried o ut wppith iethod. n oef fficiency ade pfuayments or 015. (ii) Long service leave experience o f e d epartures, a p eriods o f s ervice. E xpected f uture p ayments a d iscounted sing m arket y ields a t t he r eporting date on llevels, provided b y e mployees u p t o he eporting d ate u sing he rojected u nit redit m ethod. C onsideration s iven o e xpected uture w ages aervices nd alary evels, The l iability f or l ong s ervice l eave i s r ecognised a nd m easured a s t he p resent v alue o f e xpected f uture p ayments m ade t o b e i n r espect o f s (ii) Long s ervice l eave provided b y e mployees u p t o t he r eporting d ate u sing t he p rojected u nit c redit m ethod. C onsideration i s g iven t o e xpected f uture w ages a nd s alary levels, experience o f e mployee d epartures, a nd p eriods o f s ervice. E xpected f uture p ayments a re d iscounted u sing m arket y ields a t t he r eporting d ate o n The l iability f or l ong s ervice l eave i s r ecognised a nd m easured a s t he p resent v alue o f e xpected f uture p ayments m ade t o b e i n r espect o f s ervices (ii) Long s ervice l eave national g overnment b onds w ith t erms t o m aturity a nd c urrencies t hat m atch, a s c losely a s p ossible, t he e stimated f uture c ash o utflows. experience o f e mployee d epartures, a nd p eriods o f s ervice. E xpected f uture p ayments a re d iscounted u sing m arket y ields a t t he r eporting d ate o n provided by ofeor udp epartures, to the ris eporting date uosing the projected upnit credit method. Consideration is given to xpected fiuture wages nd salary The liability long service lw eave recognised and easured as the resent value of expected future the puayments meade to bce n roespect of saervices experience f mployees employee and periods f am snd ervice. Expected future p ayments a re dpiscounted sing market yields aash t the reporting date on llevels, national ggbovernment b ttrierms tto ccurrencies tthat m aam s ccclosely aaCs ossible, eegstimated ffxpected uture utflows. provided y mployees uap s to eporting daturity ate using the pits rojected upanit redit onsideration is iven to fd ages nd salary evels, The iability feor long service law eave s recognised nd m easured as the resent value oommitments f expected future paayments meade to bce iuture n roespect of saervices national bonds onds ith o pm m nd urrencies hat mccatch, atch, s ethod. losely ossible, uture utflows. Associations albility too ceontinue ttith ghe oing oncern aand eet d ebts future as the wmhen fall s w ependant number experience mployee acnd eriods f aasm ervice. Expected fnd uture payments a re dp iscounted uind sing arket yields aash t tue he rieporting date oo nn la provided bovernment y ef mployees udp epartures, to he rerms eporting daturity ate uosing the projected unit redit m ethod. Cs onsideration s gstimated iven to ethey xpected future wdages and salary evels, national g overnment b onds w ith t erms t o m aturity nd c urrencies t hat m atch, a s c losely a s p ossible, t he e stimated f uture c ash o utflows. experience eLeases mployee udp epartures, and periods f service. Expected future payments discounted uis sing market yields at the reporting date on levels, provided by oef mployees to the reporting date uosing the projected unit credit method. a re Consideration given to expected future wages and salary (o) ctors, including; national government bonds with terms to pm aturity asnd currencies that future match, as closely as dpiscounted ossible, the estimated future caash outflows. experience o f e mployee d epartures, a nd eriods o f ervice. E xpected p ayments a re u sing m arket y ields t t he r eporting d ate o n (o) national government onds with to pm aturity currencies that m atch, as the closely as dpiscounted ossible, estimated caash outflows. experience of eLeases mployee departures, and eriods ervice. Eaxpected poayments are using market future yields t the rn eporting date oof nwhether The determination of b hether an ttaerms rrangement is oof r aascnd ontains lease is fbuture ased n substance of the ttahe rrangement nd requires assessment (o) Leases national government bw onds with erms to maturity nd currencies that m atch, as the closely as possible, he estimated aafuture cash oaautflows. (o) Leases The d etermination o f hether aais n rrangement iits o r ontains aa llease iisset s b ased o n ssubstance o f tthe rrangement nd rrequires n asset. ssessment o national government bw onds with taaerms to maturity auccnd currencies that m atch, as the closely as aprrangement ossible, taahe econveys stimated fight uture cu ash o utflows. fulfillment o f t he a rrangement d ependent o n he se o f a s pecific a o r a ssets a nd t he a r t o se t he a The d etermination o f w hether n rrangement s o r ontains ease s b ased o n ubstance o f he rrangement a nd equires a n ssessment of f w whether hether (o) Leases ntinued support of othe Australian Rugby Union, m embers, sf ponsors financiers. The determination of whether ais n daependent rrangement its he or ucse ontains a lease aaind s based ossets n the substance of the arrangement aright nd requires an asset. ssessment of whether fulfillment f t he a rrangement o n o a s pecific sset o r a a nd t he a rrangement c onveys a t o u se t he (o) Leases fulfillment o f t he a rrangement i s d ependent o n t he u se o f a s pecific a sset o r a ssets a nd t he a rrangement c onveys a r ight t o u se t he a sset. The of whether ais n daependent rrangement or ucse ontains a lease aisset s based n the substance of the arrangement nd requires an aasset. ssessment of whether (o) determination fulfillment of tLeases he arrangement on iits of a specific or ao and the arrangement conveys a aaright to use the The determination of aw arrangement s he or contains a lease is based ossets n the substance of the arrangement nd requires an assessment of whether (o) Leases (i) s hether Lessee aais n fulfillment of tGroup he arrangement on its he of a specific or aossets and the arrangement conveys a aright to use the The determination of aw hether n daependent rrangement or ucse ontains a lease aisset s based n the substance of the arrangement nd requires an asset. ssessment of whether (i) Group s L essee fulfillment o f t he a rrangement i s d ependent o n t he u se o f a s pecific a sset o r a ssets a nd t he a rrangement c onveys a r ight t o u se t he a sset. The determination of aw hether n tahe rrangement r contains aia s lll ease s isks based n enefits the substance of to he athe rrangement and rw equires an are ssessment of awt chether ld the Association noot awchieve he mtaiatters set out aits he bove tohere stignificant uossets w hether Association ill use citem, ontinue as a going Finance leases, hich ts ransfer o Association soubstantially he airsset ar nd bncertainty itncidental ownership of athe leased capitalised toncern he (i) Group Ltessee fulfillment f t he a rrangement s d ependent o n u se f a s pecific o a a nd he a rrangement c onveys r ight t o t he a sset. (i) atas ransfer Finance lleases, w ttio he ssubstantially ll b iitncidental o o he lleased iitem, re ccapitalised t fulfillment tGroup he aealise rrangement s vdttalue ependent oleased n the uase of o sipecific oaar nd ssets and he oaf rrangement conveys trhe ight o u Lse the saapatated sset. inception oiot f f tw he t LLtessee he ossociation f te he sset r, f aalower, aisks t tthe he vcalue tohe inimum ease ayments herefore w hether ill rhich its faair ssets aAAnd xtinguish its laiabilities n nparesent ormal ourse f bmttusiness alease nd ooaf f pt attayments. atmounts in atre he aafinancial Finance eases, wlease hich ts ransfer o he ssociation ubstantially ll tthe he airrsset isks nd benefits enefits ncidental o ownership wnership he eased tem, re apitalised t tthe he (i) Group a essee Finance leases, wlease hich atas to vtalue he Aossociation substantially all the raisks and benefits ncidental ownership of potayments. leased oLin tem, re capitalised at the inception o he t ttessee he ffair f lleased aasset o t p o llease ease ayments aabre (i) Group apportioned etween trransfer he finance charges and the raeduction the lease iability so avvs alue triio achieve atto inimum constant rate f he interest the aap emaining alance of the inception of f fttbinancial he lease as t LLeport he air vtalue ossociation f ttihe he eased sset or, r, oiif f f allower, ower, aisks t ttlhe he present resent alue of f tthe he m m inimum ease ptayments. Lirtem, ease prre ayments re rt. The consolidated d oes n ot nclude ny a djustment r elating t o t he ecoverability o r c lassification o f ecorded a sset a mounts or to Finance l eases, w hich t ransfer t o he A s ubstantially ll t he r a nd b enefits ncidental o o wnership o f he l eased c apitalised a t t he (i) Group a essee inception oinance f tbhe t Ltessee he frair f athe leased asset opr, if f alower, t tlhe present alue of the m lease Lin ease ayments abre apportioned etween ttransfer he ffre inance ccharges aaand tthe rreduction o ttahe llease iability sso aavs ttio aachieve aato inimum cconstant rrate f iinterest tthe emaining alance o Finance l eases, wlease hich to vtalue he Aossociation substantially ll the raisks and benefits ncidental ownership of po tayments. he leased o tem, aprrre capitalised at the (i) Group atas liability. F c harges a ecognised s n e xpense i n rofit nd l oss. apportioned b etween he inance harges nd he eduction o f he ease l iability o s o chieve onstant ate o f nterest o n he emaining b alance of f tthe he inception of tbhe lease atransfer t the fair vtalue ossociation f the le eased asset or, if f alower, aisks t tAlhe present vs alue obf e the m inimum lease potayments. oLin ease prre ayments abre Finance l eases, w hich t t o he A s ubstantially ll t he r a nd b enefits i ncidental t o o wnership o f he l eased tem, a c apitalised a t t he mounts oapportioned r c lassification o f l iabilities t hat m ight b n ecessary s hould t he ssociation n ot a ble t o c ontinue a s a g oing c oncern. etween he f inance c harges a nd t he r eduction o t he l ease iability s o a t o a chieve a c onstant r ate f i nterest t he emaining alance o f t he liability. FFoinance cchich harges re frrair ecognised s n eexpense iin rofit inception f the wlease t taahe f athe leased asset if alower, t the present value of the m inimum lease ease apre ayments are at the Finance taransfer to vtalue he Aossociation substantially ll aand the lloss. raisks and benefits incidental to ownership of ptayments. he leased Litem, capitalised liability. l eases, inance harges ecognised s aaand n xpense n op pr, rofit nd oss. apportioned etween fre inance charges reduction oif f lower, tahe lease iability so avs alue to achieve a inimum constant rate poayments. f interest oLn the premaining alance of the inception f tbhe lease athe t tahe frair value of aathe leased asset r, at tlhe present of the m lease ease ayments abre liability. Fo charges re ecognised s aver and n etthe xpense in o rofit nd loss. apportioned etween fre inance charges he rhorter eduction oitf he f lower, the lease iability so avs alue tf o tahe chieve aa inimum cnd onstant rate tp oayments. f interest tnhe emaining alance of the inception oinance f leased tbhe lease athe t tahe fdair value of tohe leased asset opor, at tlhe pseful resent of atsset he m lease oLn ease preasonable ayments abre Capitalised a ssets epreciated s f e stimated u l ife o t he l ease erm i f t here i s o r ertantity liability. Finance charges afre recognised as aand n ethe xpense in profit ahe nd lease loss. liability so as to achieve a constant rate of interest on the remaining bcalance apportioned b etween t he inance c harges r eduction o f t of the Capitalised l eased a ssets a re d epreciated o ver t he s horter o f t he e stimated u seful l ife o f t he a sset a nd t he l ease t erm i f t here i s n o r easonable c ertantity Statement o f C ompliance liability. F inance c harges a re r ecognised a s a n e xpense i n p rofit a nd l oss. apportioned b etween t he f inance c harges a nd r eduction o f t he l ease l iability s o a s t o a chieve a c onstant r ate o f i nterest o n t he r emaining b alance of the that t he A ssociation w ill o btain o wnership b y t he e nd o f t he l ease t erm. Capitalised leased assets aare epreciated aos ver shorter f the aend stimated seful life of the asset and the lease term if there is no reasonable certantity liability. AFssociation inance charges re d recognised ay n the etthe xpense in po rofit loss. u Capitalised l eased a ssets a re d epreciated o ver he s horter o f t he e stimated u seful l ife o f t he a sset a nd t he l ease t erm i f t here i s n o r easonable c ertantity that t he w ill o btain o wnership b e nd o f t he l ease t erm. liability. AFssociation inance cw harges abtain re recognised as bay n the expense in profit aind loss. by the Australian Accounting Standards Board. inancial report c omplies ith A ustralian A ccounting S tandards a s ssued that t he w ill o o wnership e nd o f t he l ease t erm. Capitalised leased assets re depreciated ver the esnd horter of lease the etstimated useful life of the asset and the lease term if there is no reasonable certantity that the Association will oaabtain ownership o the of tin he erm. Capitalised leased assets re depreciated obver the shorter otf he the estimated uSseful life of otf he asset and the lIease term is no reasonable Operating lease payments are recognised s y expense Consolidated tatement Comprehensive ncome on iiaf stthere traight-‐line basis over cctertantity he lease term. that the Association will oabtain ownership oabver y atn he esnd of the lease tstimated erm. Capitalised l eased a ssets re d epreciated t he horter o f t he e uSseful life of otf he asset and the lIease term is no reasonable ertantity Operating llease p ayments aare rrecognised aabver s aatn eexpense iin ttf he C onsolidated tatement C omprehensive ncome o n aaf ssthere traight-‐line b he that t he A ssociation w ill o btain o wnership y he e nd o f t he l ease t erm. Capitalised l eased a ssets a re d epreciated o t he s horter o t he e stimated u seful l ife o f t he a sset a nd t he l ease t erm i f here i s n o r easonable Operating ease p ayments re ecognised s n xpense n he C onsolidated S tatement o f C omprehensive I ncome o n traight-‐line basis asis o over ver cttertantity he llease ease tterm. erm. anges in athat ccounting p olicy a nd d isclosures t he A ssociation w ill o btain o wnership b y t he e nd o f t he l ease t erm. Operating lease payments are recognised expense the Consolidated Statement of Comprehensive Income on a straight-‐line basis over the lease term. that the Association will liabilities obtain ownership abs y atn he end of tin he lease term. (p) Financial Operating lease payments are recognised as an expense in the Consolidated Statement of Comprehensive Income on a straight-‐line basis over the lease term. (p) Financial lliabilities Operating lease payments are recognised as an expense in the Consolidated Statement of Comprehensive Income on a straight-‐line basis over the lease term. (i) Initial recognition and measurement (p) Financial iabilities Operating laease payments re recognised as tahose n expense in p the Consolidated Statement of Comprehensive Income on a straight-‐line basis over the lease term. accounting policies dopted re caaonsistent w ith of athe revious financial year except as pfrofit ollows: (p) Financial liabilities (i) Initial rra ecognition a nd m easurement Operating lease payments re recognised aecognition, s an expense the Consolidated Statement f Comprehensive Income on a sb traight-‐line over tohe Financial l iabilities a re c lassified, a t i nitial r s ifn inancial liabilities at fair value o through or loss, loans and orrowings, bpasis ayables, r alsease term. (i) Initial ecognition a nd m easurement (p) Financial l iabilities (i) Initial recognition aand measurement Financial lliabilities aare ccalassified, t iinitial rrecognition, aas ffinancial lliabilities aat ffair vvalue tthrough p rofit o r lloss, lloans aand b orrowings, p ayables, o r (p) Financial ls iabilities derivatives d esignated h edging i nstruments i n a n e ffective h edge, a s a ppropriate. Financial iabilities re lassified, a t nitial ecognition, s inancial iabilities t air alue hrough p rofit o r oss, oans nd b orrowings, p ayables, o r aass (i) Initial r ecognition a nd m easurement (p) Financial ls iabilities Financial liabilities are calassified, t instruments initial recognition, as financial liabilities at fair value through profit or loss, loans and borrowings, payables, or as derivatives d esignated h edging iin aan eeffective h edge, aas aappropriate. (i) Initial recognition aand m easurement (p) Financial ls iabilities cation of A ASB 1 0 C onsolidated F inancial S tatements. derivatives d esignated a h edging i nstruments n n ffective h edge, s ppropriate. Financial liabilities are calassified, t instruments initial recognition, as financial liabilities at fair value through profit or loss, loans and borrowings, payables, or as (i) Initial recognition aand measurement derivatives dliabilities esignated s rhecognised edging an effective edge, s appropriate. Financial liabilities are lassified, t initial recognition, as fainancial liabilities t fair avalue through profit r loss, loans borrowings, payables, or as costs. (i) Initial recognition aand m easurement All financial accre initially at iifn air value nd, h the caaase of aaloans nd borrowings and po net aaond f directly attributable transaction derivatives designated alassified, s hedging instruments n an effective hin edge, s appropriate. Financial l iabilities a re a t i nitial r ecognition, a s f inancial l iabilities t fair avalue through profit oayables, r loss, loans nd borrowings, payables, or as costs. All f inancial l iabilities a re r ecognised i nitially a t f air v alue a nd, i n t he c ase o f l oans nd b orrowings a nd p ayables, n et o f d irectly a ttributable t ransaction derivatives d esignated a s h edging i nstruments i n a n e ffective h edge, a s a ppropriate. Financial l iabilities a re c lassified, a t i nitial r ecognition, a s f inancial l iabilities a t f air v alue t hrough p rofit o r l oss, l oans a nd b orrowings, p ayables, or a2 s 013, All financial dliabilities are initially t ifn air value and, the caase occounting f loans and bSorrowings ayables, net of directly attributable transaction costs. dition the derivatives Association has adopted all the new aaand aamended Australian tandards aaand nd ppA ASB Interpretations as of 1 January esignated as rrhecognised edging instruments n effective hiin edge, s aAppropriate. All f inancial l iabilities a re ecognised i nitially t f air v alue a nd, n t he c ase o f l oans a nd b orrowings nd ayables, n et o f d irectly a ttributable t ransaction costs. derivatives designated as hledging instruments in aan effective hedge, aas nd appropriate. The A ssociation's f inancial iabilities i nclude t rade nd o ther p ayables l oans a nd b orrowings. All financial liabilities are recognised initially at fair value and, in the case of loans and borrowings and payables, net of directly attributable transaction costs. ding The A ssociation's f inancial l iabilities i nclude t rade a nd o ther p ayables a nd l oans a nd b orrowings. All f inancial l iabilities a re r ecognised i nitially a t f air v alue a nd, i n t he c ase o f l oans a nd b orrowings a nd p ayables, n et o f d irectly a ttributable t ransaction costs. The financial Association's financial liabilities include other payables and olf oans and borrowings. All liabilities are recognised initially ttarade t fair aavnd alue and, in the case loans and borrowings and payables, net of directly attributable transaction costs. The Association's financial liabilities include other payables and olf oans and borrowings. All financial liabilities are recognised initially arade t fair vnd alue and, in the case loans and borrowings and payables, net of directly attributable transaction costs. (ii) Subsequent m easurement The Association's financial liabilities include trade and other payables and loans and borrowings. rence Title (ii) Subsequent m easurement Summary The A ssociation's financial liabilities include trade oan nd other payables and loans and borrowings. m easurement of financial liabilities depends their classification. The most relevant financial liabilities to the Association are as described below: (ii) Subsequent m easurement The A ssociation's financial liabilities include trade oan nd other payables and loans and borrowings. (ii) Subsequent m easurement The m easurement o f f inancial l iabilities d epends t heir c lassification. T he m ost r elevant inancial o A aare s b A ssociation's f inancial l iabilities i nclude t rade a nd o ther p ayables a nd l oans a nd bforrowings. B 13 Fair Veasurement alue Subsequent AASB 13 edstablishes single source oTf he guidance or dffetermining the fttair value of assets liabilities. AASB 13 does n The m of financial liabilities epends on taheir classification. most relevant inancial lliabilities iabilities o tthe he Association ssociation re aaand s d described escribed below: elow: (ii) m easurement The measurement of afnd inancial liabilities depends on their classification. The most relevant financial liabilities to the Association are as described below: (ii) Subsequent measurement (iii) Loans b orrowings Measurement required use fair alue, but rather, The provides guidance on hliabilities ow to determine fair value fair vbalue The measurement of financial liabilities tdo epends on vtheir classification. most relevant financial to the Association are aw s hen described elow:is required o (ii) Subsequent m easurement (iii) Loans b The easurement of a fnd inancial depends n their classification. The am relevant financial iabilities to tihe Association are as escribed below: (ii) Subsequent measurement After recognition, loans alliabilities nd borrowings re o measured t aost mortised ost using tllhe Effective nterest Rate ("EIR") md Gains and (iii) m Loans borrowings orrowings The miinitial easurement of a fnd inancial iabilities dm epends ossn ubsequently their lassification. m elevant financial iabilities the Association are as dethod. escribed below: definition ay raaesult in dcifferent fair TTvhe alues brreing dccetermined for the tto relevant aate ssets. Consequential amendments we (iii) Loans brofit orrowings After rrecognition, lloans aao nd b orrowings re m easured t aaost mortised ost u sing ttlIR he EEmortisation ffective nterest R (("EIR") m G ains aand The minitial easurement of afind inancial liabilities depends osn ubsequently their acre lassification. he aaam ost elevant financial iabilities o tiihe Arocess. ssociation are as dethod. escribed below: losses a re r ecognised n p r l oss w hen t he l iabilities d e-‐recognised s w ell a s t hrough t he E a p After nitial ecognition, oans nd b orrowings a re ubsequently m easured t mortised c ost u sing he ffective nterest R ate "EIR") m ethod. G ains nd (iii) Loans and loans borrowings via Aloss ASB 2011-‐8. After initial recognition, aond b orrowings alre subsequently measured aat s aw mortised cost using tIR he aEmortisation ffective interest Rate ("EIR") method. Gains and losses a re r ecognised i n p rofit r w hen t he iabilities a re d e-‐recognised ell a s t hrough t he E p rocess. (iii) Loans a nd b orrowings losses are recognised n ploans r loss when the alre iabilities are de-‐recognised ell as through the EtIR process. After recognition, ao nd borrowings subsequently measured aaat s aw mortised cost using he aaEmortisation ffective interest Rate ("EIR") method. Gains and (iii) initial Loans aiind brofit orrowings losses are recognised n ploans r loss hen the iabilities de-‐recognised ell as through the EtIR process. After initial recognition, aond borrowings alre subsequently measured at s aw mortised cost using he Emortisation ffective interest Rate ("EIR") method. Gains and (iii) Loans nd b orrowings (q) Prior Yaear crofit omparatives There ww no impact of aaare dopting this standard. losses are recognised in ploans rofit ond r loss was hen the lre iabilities re de-‐recognised at s aw ell as through the EtIR aEmortisation process. After i nitial r ecognition, a b orrowings a s ubsequently m easured a mortised c ost u sing he ffective i nterest Rate ("EIR") method. Gains and (q) Prior Y ear c omparatives losses a re r ecognised i n p rofit o r l oss w hen t he l iabilities a re d e-‐recognised a s w ell a s t hrough t he E IR a mortisation p rocess. After initial recognition, loans and borrowings are subsequently measured ap t resentation. amortised cost using the Effective interest Rate ("EIR") method. Gains and Certain p rior y ear c ompartatives h ave b een a djusted t o r eflect c urrent y ear (q) Prior Y ear c omparatives B 2011-‐4 Employee B enefits The r evised s tandard c hanges t he d efinition o f s hort-‐term e mployee b enefits. T he distinction between short-‐term an losses a re r ecognised i n p rofit o r l oss w hen t he l iabilities a re d e-‐recognised a s w ell a s t hrough t he E IR a mortisation p rocess. (q) Year omparatives Certain p yyPrior ear ave een djusted tto eflect ccurrent yyear losses are recognised in pcrofit or h loss taahe liabilities are de-‐recognised ap well as through the EIR amortisation process. Certain prior rior ear ccompartatives ompartatives h ave wb bihen een djusted o orrn eflect urrent ear ps resentation. resentation. (q) Prior Year comparatives benefits s n ow b ased w hether t he b enefits a re e xpected t o b e s ettled w holly within 12 months after the reporting Certain p rior y ear c ompartatives h ave b een a djusted t o r eflect c urrent y ear p resentation. (q) Prior Year comparatives RUGBYWA 55 Certain prior yPrior ear compartatives have been aw djusted to rm eflect year presentation. (q) Year comparatives amendments ere also ade ccturrent o other standards via AASB 2011-‐0. 2014 ANNUAL REPORT Certain prior yPrior ear compartatives have been adjusted to reflect urrent year presentation. (q) Year comparatives Certain prior year compartatives have been adjusted to reflect current year presentation.

WESTERN AUSTRALIAN RUGBY UNION (INC.) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2014

NOTE 2: REVENUE AND OTHER INCOME a) Revenue -‐ Commercial services -‐ Community rugby -‐ Professional rugby -‐ Corporate services -‐ Future Force Foundation Ltd -‐ grant -‐ Interest received b) Other income -‐ Grants received

2014 $

2013 $

10,209,025 1,023,263 4,295,903 355,470 59,450 25,108 15,968,219

11,400,750 896,747 4,317,030 59,077 -‐ 60,663 16,734,266

500,000 500,000

-‐ -‐

NOTE 3a: OPERATING EXPENDITURE Included within the categories of operating expenditure are the following specific expenses: Finance costs Bank charges Depreciation expense Depreciation Employee benefits expense Wages and salaries Superannuation

NOTE 3b: STADIUM INFRASTRUCTURE EXPENDITURE Interest on loans

NOTE 4: CASH AND CASH EQUIVALENTS Cash at bank (i) Term deposits (ii)

44,341 44,341

45,902 45,902

136,162 136,162

152,284 152,284

7,894,938 689,595 8,584,533

7,776,875 650,241 8,427,116

83,798 83,798

108,911 108,911

530,675 62,778 593,453

1,184,300 767,953 1,952,253

991,635 -‐ 5,360 996,995

366,002 (24,546) 10,360 351,816

75,470 75,470

22,896 22,896

71,813 52,624 124,437

82,149 -‐ 82,149

(i) Cash at bank earns interest at floating rates based on daily bank deposit rates. (ii) Short-‐term deposits are made for varying periods of between 30 days and three months, depending on the immediate cash requirements of the Association and earn interest at the respective short-‐term deposit rates. NOTE 5: TRADE AND OTHER RECEIVABLES Current Trade debtors (i) Allowance for doubtful debt Bonds (non interest bearing)

(i) Trade receivables are non-‐interest bearing and are generally on 30-‐90 day terms. An allowance for doubtful debts is made when there is objective evidence that a trade receivable is impaired. As at 31 December 2014 $289,171 (29%) of trade receivables were past due but not considered impaired, compared to $142,767 (39%) at 31 December 2013. Payment terms on these amounts have not been re-‐negotiated. However amounts that are for hospitality will have access withheld until payment is received and as such all receivables other than those specifically provided for are considered fully recoverable. NOTE 6: INVENTORIES At cost

NOTE 7: OTHER CURRENT ASSETS Deferred costs Prepayments

RUGBYWA 2014 ANNUAL REPORT

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR WESTERN AUSTRALIAN WESTERN RAUGBY USTRALIAN UNION R(UGBY INC.) UNION (INC.) 1 December 2014 NOTES TENDED O THE C3ONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2014 NOTES TO THE NOTES CONSOLIDATED TO THE CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL FSOR TATEMENTS THE YEARFOR THE YEAR WESTERN AUSTRALIAN WESTERN RAUGBY USTRALIAN UNION R(UGBY INC.) UNION (INC.) 2014 2013 ENDED 31 December ENDED 23014 1 December 2014 $ $ 2014 2013 WESTERN AUSTRALIAN RUGBY UNION (INC.) NOTES TO THE NOTES CONSOLIDATED TO THE CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL FSOR TATEMENTS THE YEARFOR THE YEAR TE 8: PROPERTY, PLANT AND EQUIPMENT $ $ 2014 2013 2013 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE Y2014 EAR ENDED 23014 1 December 2014 NOTE 8: PROPERTY, PLANT AND EQUIPMENTENDED 31 December $ $ $ $ ENDED 31 DECEMBER 2014 659,798 Leasehold improvements -‐ cost 657,233 TE 8: PROPERTY, NOTE 8P: LANT PROPERTY, AND EQUIPMENT PLANT AND EQUIPMENT 2013 Less accumulated depreciation (108,156) 2014 (75,288) Leasehold improvements -‐ cost 2014 659,798 2013 657,233 $ 551,642 (108,156) $ 581,945 Less accumulated depreciation $ 2014 $ 2013 (75,288) Leasehold improvements Leasehold improvements -‐ cost -‐ cost 659,798 659,798 657,233 657,233 TE 8: PROPERTY, NOTE 8P: LANT PROPERTY, AND EQUIPMENT PLANT AND EQUIPMENT $ 551,642 581,945 $ Less accumulated Less daepreciation ccumulated depreciation (108,156) (108,156) (75,288) (75,288) 2: REVENUE AND OTHER INCOME Plant aNOTE nd equipment -‐ cost 491,856 429,536 551,642 551,642 581,945 581,945 a) Revenue Leasehold improvements Leasehold -‐ cost (373,895) 659,798 491,856 659,798 657,233 Less accumulated depreciation (315,947) Plant and eimprovements quipment -‐ cost-‐ cost 657,233 429,536 Less -‐ Commercial services 117,961 10,209,025 Less accumulated daepreciation (108,156) (108,156) 113,589 (75,288) ccumulated depreciation (373,895) (75,288) 11,400,750 (315,947) Plant and equipment and -‐ cost equipment 491,856 1,023,263 491,856 429,536 896,747 429,536 Plant -‐ Community rugby -‐ cost 551,642 551,642 581,945 581,945 117,961 113,589 Less accumulated Less daepreciation ccumulated depreciation (373,895) 4,295,903 (373,895) (315,947) 4,317,030 (315,947) Professional Furniture and f-‐ittings -‐ cost rugby 64,246 64,246 117,961 117,961 113,589 113,589 Furniture -‐ Corporate services Plant aaccumulated nd equipment Plant and -‐ cost quipment 64,246 429,536 Less depreciation 491,856 (19,642) aend fittings -‐ cost 355,470 491,856 (13,563) 59,077 429,536 64,246 -‐ F uture F orce F oundation L td -‐ g rant 59,450 -‐ Less accumulated (373,895) (19,642) (315,947) 50,683 (315,947) 44,604 (373,895) Less daepreciation ccumulated depreciation (13,563) Furniture and fFurniture -‐ crost aeceived nd fittings -‐ cost 64,246 25,108 64,246 60,663 64,246 -‐ittings Interest 64,246 117,961 113,589 117,961 44,604 113,589 50,683 Less accumulated Less daepreciation ccumulated depreciation (19,642) (13,563) 16,734,266 (13,563) 15,968,219 (19,642) Website infrastructure -‐ cost 169,143 89,283 44,604 44,604 50,683 50,683 b) Other i ncome Furniture and fWebsite Furniture ittings -‐ cinfrastructure ost and fittings -‐ c-‐ ost (88,537) 64,246 169,143 64,246 (65,391) 64,246 64,246 Less accumulated depreciation cost 89,283 -‐ Grants received Less accumulated (19,642) (19,642) (13,563) (13,563) 80,606 500,000 Less daepreciation ccumulated depreciation (88,537) 23,892 -‐ (65,391) Website infrastructure Website i-‐nfrastructure cost -‐ cost 169,143 500,000 169,143 89,283 -‐ 89,283 44,604 44,604 50,683 50,683 80,606 23,892 Less accumulated Less daepreciation ccumulated depreciation (88,537) (88,537) (65,391) (65,391) Motor vehicles -‐ cost 53,784 46,284 80,606 80,606 23,892 23,892 NOTE 3a: OPERATING Website infrastructure Website i-‐nfrastructure costEXPENDITURE 89,283 Less accumulated depreciation 169,143 (48,996) 53,784 (40,759) Motor vehicles -‐ cost -‐ cost 169,143 89,283 46,284 Included w ithin t he c ategories o f o perating e xpenditure a re t he f ollowing Less accumulated Less daepreciation ccumulated depreciation (88,537) (88,537) (65,391) 5,525 (65,391) 4,788 (48,996) (40,759) Motor vehicles Motor -‐ cost veehicles -‐ cost 53,784 53,784 46,284 46,284 specific xpenses: 80,606 80,606 4,788 23,892 23,892 5,525 Less accumulated Less daepreciation ccumulated depreciation (48,996) (48,996) (40,759) (40,759) 4,788 4,788 5,525 5,525 Finance costs Motor vehicles Motor -‐ cost vehicles -‐ cost 53,784 53,784 46,284 46,284 Bank charges 44,341 45,902 Less apccumulated daepreciation ccumulated depreciation 799,601 (48,996) (48,996) 775,634 (40,759) (40,759) Total roperty Less plant and equipment 44,341 45,902 4,788 799,601 4,788 5,525 775,634 5,525 Total property plant and equipment Depreciation expense Reconciliations Depreciation Total property Total plant paroperty nd equipment plant and equipment 799,601 136,162 799,601 775,634 152,284 775,634 Leasehold improvements Reconciliations 136,162 152,284 Carrying amount at beginning of eyxpense ear 581,945 985,848 Leasehold mprovements Employee bienefits Reconciliations Total property Reconciliations Total plant paroperty nd equipment plant and equipment 799,601 799,601 Additions 2,565 775,634 Carrying a mount a t b eginning o f y ear 581,945 7,230 7,776,875 775,634 985,848 Wages and ismprovements alaries 7,894,938 Leasehold improvements Leasehold Disposals -‐ 689,595 (515,464) Additions 2,565 650,241 7,230 Superannuation Carrying amount Carrying at beginning amount of at year beginning of year 581,945 581,945 985,848 985,848 ReconciliationsDisposals Reconciliations Depreciation (32,868) -‐ 104,331 8,427,116 (515,464) 8,584,533 Additions Additions 2,565 2,565 7,230 7,230 Leasehold improvements Leasehold Carrying amount at end oimprovements f year 551,642 581,945 Depreciation (32,868) 104,331 Disposals Disposals -‐ -‐ (515,464) (515,464) Carrying amount t beginning of year eginning f year 581,945 551,642 581,945 985,848 581,945 985,848 Carrying amount at ebnd of yearEoXPENDITURE NOTE 3b: SaTADIUM INFRASTRUCTURE Depreciation Depreciation (32,868) (32,868) 104,331 104,331 Additions Additions 2,565 83,798 2,565 7,230 108,911 7,230 Plant and equipment Interest o n l oans Carrying amount Carrying at end aomount f year at end of year 551,642 551,642 581,945 581,945 Disposalsamount Disposals 113,589 151,875 108,911 (515,464) Carrying at baeginning of year -‐ 83,798 Plant nd equipment -‐ (515,464) Depreciation Carrying Depreciation 104,331 Additions (32,868) 70,204 113,589 (32,868) 104,331 amount at beginning of year 35,110 151,875 Plant and equipment Plant and equipment Carrying amount Carrying at eA nd aomount f CyASH ear aEt end of year Disposals 551,642 (7,884) 551,642 70,204 581,945 Additions (20,606) 581,945 35,110 NOTE 4 : C ASH ND QUIVALENTS Carrying amount Carrying at beginning amount of at year beginning of year 113,589 113,589 151,875 151,875 Depreciation Cash (57,948) (52,790) Disposals (7,884) 1,184,300 (20,606) at bank (i) Additions Additions 70,204 530,675 70,204 35,110 35,110 Plant and aemount quipment Plant quipment Carrying at deaeposits nd oef year 117,961 (57,948) 113,589 Depreciation 62,778 767,953 (52,790) Term ( ii) Disposals Disposals (7,884) (7,884) (20,606) (20,606) Carrying amount Carrying at beginning amount of at year b eginning 113,589 593,453 117,961 113,589 151,875 1,952,253 113,589 151,875 end of yearof year Depreciation Depreciation (57,948) (57,948) (52,790) (52,790) Additions and (i) 70,204 70,204 35,110 35,110 Furniture fAdditions ittings Caash at abomount ank earns nterest at floating rates based on daily bank Carrying amount Carrying t end f year at eind of year 117,961 117,961 113,589 113,589 Disposalsamount Disposals (7,884) (7,884) 49,534 (20,606) Carrying at beginning of year 50,683 (20,606) Furniture and fittings deposit rates. Depreciation Depreciation (57,948) 50,683 (52,790) 6,920 (52,790) 49,534 Additions -‐ (57,948) Carrying amount at beginning of for year (ii) S hort-‐term d eposits a re m ade v arying p eriods o f b etween 3 0 d ays a nd Furniture and fFurniture ittings and fittings Carrying amount Carrying at m end aomount f year at end oof n ytear Depreciation (6,079) 117,961 Additions -‐ 113,589 (5,771) 113,589 6,920 three onths, depending he immediate cash requirements of the Association 117,961 Carrying amount Carrying at beginning amount of at year beginning of year 50,683 50,683 49,534 49,534 and interest Carrying amount aet arn end of yearat the respective short-‐term deposit rates. 44,604 (6,079) 50,683 Depreciation (5,771) Additions Additions -‐ -‐ 6,920 6,920 Furniture and fFurniture ittings aamount nd fittings Carrying at end of year 44,604 50,683 Depreciation Depreciation (6,079) (6,079) (5,771) (5,771) NOTE 5: Carrying TRADE AaND OTHER ECEIVABLES Carrying mount at beginning mount of at year bReginning of year 50,683 50,683 49,534 49,534 Website ianfrastructure Carrying amount Carrying at end aomount f year at end of year 44,604 44,604 50,683 50,683 Current Additionsamount Additions 23,892 -‐ -‐ 6,920 6,920 Carrying at beginning of year 3,801 Website infrastructure Trade debtors (i) at beginning of year Depreciation Depreciation 79,860 (6,079) 991,635 23,892 (6,079) 25,000 (5,771) 366,002 (5,771) Additions Carrying amount 3,801 Website infrastructure Website infrastructure Allowance for oubtful debt Carrying amount Carrying at end aomount f ydear at end of year 44,604 -‐ 44,604 Depreciation (23,146) 50,683 Additions 79,860 (4,909) (24,546) 50,683 25,000 Carrying amount Carrying a t b eginning a mount o f a t y ear b eginning o f y ear 23,892 23,892 3,801 3,801 Bonds non oif nterest Carrying amount at e(nd year bearing) 80,606 5,360 (23,146) 23,892 Depreciation 10,360 (4,909) Additions Additions 79,860 996,995 79,860 25,000 351,816 25,000 Website infrastructure Website Carrying ianfrastructure mount at end of year 80,606 23,892 Depreciation Depreciation (23,146) (23,146) (4,909) (4,909) Carrying amount Carrying at beginning amount of at year beginning of year 23,892 23,892 3,801 3,801 Motor vehicles Carrying amount Carrying a t e nd a o mount f y ear a t e nd o f y ear 80,606 80,606 23,892 23,892 (i) T rade r eceivables a re n on-‐interest b earing a nd a re g enerally o n 3 0-‐90 d ay Additionsamount Additions 79,860 25,000 25,000 Carrying at beginning 79,860 5,525 36,494 Motor vehicles of year An aamount llowance doubtful Depreciation terms. Depreciation (4,909) Additions (23,146) 7,500 5,525 (4,909) Carrying at bfor eginning of dyebts ear is made when there is objective (23,146) -‐ 36,494 Motor vehiclesevidence Motor vehicles trade eceivable Carrying amount Carrying at end tahat omount f yaear at ernd of yearis impaired. Disposals 80,606 -‐ 80,606 7,500 (80,919) Additions 23,892 23,892 -‐ Carrying amount Carrying at beginning amount of at year beginning of year 5,525 5,525 36,494 36,494 Depreciation Disposals (8,237) -‐ 49,950 (80,919) Additions Additions 7,500 7,500 -‐ -‐ As at 31 December 2014 $289,171 (29%) of trade receivables were past due but not Motor vehicles Motor vehicles Carrying amount at end of year 4,788 5,525 Depreciation (8,237) 49,950 Disposals Disposals impaired, compared to $142,767 (39%) at 31 December 2013. -‐ -‐ (80,919) (80,919) considered Carrying amount at beginning of year eginning 5,525 4,788 5,525 36,494 36,494 Carrying amount at ebnd of yearof year 5,525 Depreciation Payment Depreciation t hat (8,237) (8,237) 49,950 49,950 terms on these amounts have not been re-‐negotiated. However amounts Additions 799,601 7,500 7,500 775,634 -‐ -‐ Total property Additions plant and equipment are ospitality ave Carrying amount Carrying afor t ehnd aomount f year w at ill ehnd of ayccess ear withheld until payment is received and as such 4,788 4,788 5,525 5,525 Disposals Disposals -‐ 799,601 -‐ (80,919) 775,634 (80,919) Total property plant than and tehose quipment all receivables other specifically provided for are considered fully recoverable. Depreciation Depreciation (8,237) (8,237) 49,950 49,950 Total property Total plant paroperty nd equipment plant and equipment 799,601 799,601 775,634 775,634 at end aomount f year at end of year 4,788 4,788 5,525 5,525 TE 9: Carrying TRADE Aamount ND 6O PAYABLES NOTE : Carrying ITHER NVENTORIES Trade pNOTE ayables (i)ost AND OTHER PAYABLES 222,637 75,470 289,212 22,896 9At : T cRADE Total Total p lant aroperty nd equipment p lant Other pproperty ayables (ii) pp 799,601 190,046 75,470 799,601 775,634 164,850 Trade ayables (i) and equipment 222,637 22,896 775,634 289,212 TE 9: TRADE NOTE AND 9O: THER TRADE PAYABLES AND OTHER PAYABLES Other payables (ii) 190,046 164,850 412,683 454,062 Trade payables Trade (i) payables (i) 222,637 222,637 289,212 289,212 412,683 454,062 7: Other O THER URRENT ASSETS (i) Trade payables nCon-‐interest bearing and are normally settled on Other pNOTE ayables (ii)are payables (ii) 190,046 190,046 164,850 164,850 TE 9: 30 TRADE AND 9O : (i) THER TRADE PAYABLES A ND OTHER Deferred cposts 71,813 82,149 day NOTE terms. Trade ayables are PnAYABLES on-‐interest bearing and are normally settled on 412,683 412,683 454,062 454,062 Trade payables Trade (di)ay ptayables (i) bearing and have an average term of one month. 222,637 52,624 222,637 289,212 -‐ 289,212 Prepayments (ii) Other payables are non-‐interest 30 erms. (i) T rade p ayables (i) T rade a re n p on-‐interest ayables a re b earing n on-‐interest a nd a re b earing n ormally a nd s ettled a re n ormally o n s ettled o n Other payables Other (O ii)ther payables (ii)are non-‐interest bearing and have an average term of one m onth. 190,046 124,437 190,046 164,850 82,149 164,850 (ii) payables 30 day terms. 30 day terms. 412,683 412,683 454,062 454,062 (ii) Other payables (ii) Oather re npon-‐interest ayables are bearing non-‐interest and have bearing an average and have term an oaf verage one mtonth. erm of one month. RUGBYWA 2014 ANNUAL REPORT 57 (i) Trade payables (i) Trade are npon-‐interest ayables are bearing non-‐interest and are bearing normally and settled are normally on settled on 30 day terms. 30 day terms.

WESTERN AUSTRALIAN RUGBY UNION (INC.) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS WESTERN AUSTRALIAN RUGBY UNION (INC.)FOR THE YEAR WESTERN AUSTRALIAN RUGBY UNION (INC.) ENDED 31 December 014 WESTERN AUSTRALIAN RUGBY U NION (INC.)FOR THE YEAR NOTES TO THE CONSOLIDATED FINANCIAL S2TATEMENTS WESTERN AUSTRALIAN RUGBY UNION (INC.)FOR THE YEAR NOTES TO THE CONSOLIDATED F INANCIAL S TATEMENTS ENDED 31 December S2TATEMENTS 014 NOTES TO THE CONSOLIDATED FINANCIAL FOR THE YEAR 2014 WESTERN AUSTRALIAN RUGBY U014 NION (INC.)FOR THE YEAR ENDED 31 December NOTES TO THE CONSOLIDATED FINANCIAL S2TATEMENTS ENDED 3 1 D ecember 2 014 NOTES TO THE CONSOLIDATED FINANCIAL FOR THE YEAR $ ENDED 31 December S2TATEMENTS 014 2014 NOTES TO THE CONSOLIDATED FINANCIAL FOR THE YEAR ENDED 31 December S2TATEMENTS 014 NOTE 10: UNEARNED REVENUE 2014 $ 2014 ENDED 31 DECEMBER 2014 Unearned membership 1,732,509 $ 2014 NOTE 10: UNEARNED REVENUErevenue $ 2014 Unearned c orporate h ospitality r evenue 1,027,546 NOTE 10: U NEARNED R EVENUE $ Unearned membership 1,732,509 NOTE 10: UNEARNED REVENUErevenue $ s ponsorship r evenue 416,000 Unearned m embership r evenue 1,732,509 NOTE 10: U NEARNED R EVENUE 2014 Unearned c orporate h ospitality r evenue 1,027,546 Unearned membership revenue 1,732,509 NOTE 10: UNEARNED REVENUE s ponsorship/event r evenue 14,965 Unearned c orporate h ospitality r evenue 1,027,546 m embership r evenue 1,732,509 $ Unearned csponsorship revenue revenue 416,000 Unearned orporate hospitality 1,027,546 Unearned embership 1,732,509 ponsorship rrevenue 14,965 orporate hospitality revenue 1,027,546 NOTE 2: Unearned REVENUE sm ND OTHER Ievenue NCOME Unearned scsA ponsorship/event revenue 3,191,020 416,000 Unearned ponsorship r evenue 416,000 Unearned orporate hospitality revenue 1,027,546 Unearned revenue 3,191,020 416,000 ponsorship evenue 14,965 Revenue is scrponsorship/event ecognised irn accordance with accounting policy in note 1(d) a) Revenue Unearned s ponsorship/event r evenue ssponsorship revenue 14,965 Unearned ponsorship/event revenue 10,209,025 3,191,020 416,000 14,965 Unearned -‐ C ommercial s ervices Revenue i s r ecognised i n a ccordance w ith a ccounting p olicy i n n ote 1 (d) 3,191,020 revenuewith accounting policy in note 1(d) 1,023,263 3,191,020 14,965 NOTE 11: MPLOYEE NTITLEMENTS Unearned -‐ CEommunity rEugby Revenue is srponsorship/event ecognised in accordance Revenue is recognised in accordance with accounting policy in note 1(d) 4,295,903 3,191,020 Current -‐ P rofessional r ugby Revenue i s r ecognised i n a ccordance w ith a ccounting p olicy i n n ote 1 (d) NOTE 11: EMPLOYEE ENTITLEMENTS is erntitlements ecognised in accordance with accounting policy in note 1(d) Revenue -‐ CEorporate services Employee 355,470 254,905 NOTE 11: MPLOYEE ENTITLEMENTS Current NOTE 11: EMPLOYEE ENTITLEMENTS Current -‐ F uture F orce F oundation Ltd -‐ grant 254,905 NOTE 11: E MPLOYEE E NTITLEMENTS Employee e ntitlements 254,905 59,450 Current NOTE 11: MPLOYEE ENTITLEMENTS Employee -‐ IEnterest reeceived ntitlements 254,905 254,905 25,108 Current Employee entitlements 254,905 Current 15,968,219 254,905 Employee entitlements Non current Employee eentitlements 254,905 254,905 254,905 b) Other income Employee ntitlements 189,310 Non current 254,905 Non -‐ Grants received 500,000 current Employee entitlements 189,310 189,310 Non current Employee entitlements 500,000 189,310 Non current 189,310 Employee e ntitlements 189,310 Non current Employee entitlements 189,310 Reconciliations 189,310 Employee e ntitlements 189,310 189,310 NOTE 3a: OPERATING EXPENDITURE Opening b alance 323,108 Reconciliations 189,310 Included w ithin t he c ategories o f o perating e xpenditure a re t he f ollowing Charge f or y ear 378,693 Reconciliations Opening balance 323,108 Reconciliations specific ebxpenses: Utilised (257,586) Opening alance 323,108 Reconciliations Charge for year 378,693 Opening balance 323,108 Reconciliations As a t 3 1 D ecember 444,215 Charge f or y ear 378,693 Opening b alance 323,108 Utilisedfor year Charge (257,586) 378,693 Opening alance 323,108 Finance cbosts Utilised (257,586) Charge f or y ear 378,693 As a t 3 1 D ecember 444,215 Utilised (257,586) Charge f or y ear 378,693 44,341 Bank As NaON-‐INTEREST t c3harges 1 December BEARING LOANS AND BORROWINGS 444,215 Utilised (257,586) NOTE 12: As at 31 December (257,586) 444,215 Utilised 44,341 As a t 3 1 D ecember 444,215 Current NOTE 12: NaON-‐INTEREST BEARING LOANS AND BORROWINGS As t 3overnment 1 December 444,215 Depreciation expense WA G l oan ( i) 320,000 NOTE 12: N ON-‐INTEREST B EARING L OANS A ND B ORROWINGS Current NOTE 12: NON-‐INTEREST BEARING LOANS AND BORROWINGS Depreciation Force15 Foundation (ii)(i) 136,162 Current NOTE 12: NON-‐INTEREST BEARING LOANS AND BORROWINGS WA Government loan 320,000 -‐ Current NOTE 12: NON-‐INTEREST BEARING LOANS AND BORROWINGS 320,000 WA Government loan (i) 136,162 -‐ Current Force15 F oundation ( ii) WA Government loan (i) 320,000 Current Force15 Foundation ii)(i) 320,000 WA Government loan 320,000 -‐ Employee benefits e(xpense Force15 Foundation (ii)(i) 320,000 WA G overnment l oan -‐-‐ Force15 Foundation 7,894,938 320,000 Wages and salaries (ii) Non current 320,000 Force15 Foundation (ii)(i) 689,595 320,000 Superannuation WA overnment loan 806,327 -‐ Non Gcurrent 320,000 8,584,533 Force15 F oundation ( ii) Non c urrent WA overnment loan (i) 806,327 -‐ Non Gcurrent 806,327 WA G overnment l oan ( i) -‐ Non c urrent Force15 Foundation (ii)(i) 806,327 WA Gcurrent overnment loan Non Force15 Foundation (ii)(i) is an unsecured 806,327 WA GA overnment loan 806,327 -‐ NOTE 3b: INFRASTRUCTURE EXPENDITURE (i) SWTADIUM Government loan interest free loan from the Western Force15 Foundation (ii)(i) 806,327 -‐ WA G overnment l oan 83,798 Force15 oundation (ii) for the term of 8 years, ending 30 June 2017. 806,327 -‐ Interest oFn loans Australian G overnment (i) WA Government loan is an unsecured interest free loan from the Western 806,327 Force15 F oundation ( ii) 806,327 83,798 -‐ (i) W A G overnment l oan i s a n u nsecured i nterest f ree l oan f rom t he W estern Australian Government he erm of 8 iynterest ears, ending 30 June (i) WA Government loan for is atn utnsecured free loan from 2t017. he Western (ii) W Force15 oundation wuas an io nterest free lfoan rom he 2Ft017. orce15 Foundation (Inc.) 806,327 Australian GFovernment or he tnsecured erm f 8 iynterest ears, ending 30 June (i) A Government loan lfoan is atn ree lfoan ftrom he Western Australian Government for tn he tnsecured erm of 8 iynterest ears, ending 30 June 2t017. (i) W A G overnment l oan i s a u f ree l oan f rom he W estern and was fully fASH orgiven in lfoan 2014. NOTE 4: Australian CASH AND Coundation EQUIVALENTS GFovernment or the term f 8 years, ending 30 June (ii) Force15 was an io nterest free loan from the 2F017. orce15 Foundation (Inc.) Australian GFovernment or the term f 8 years, ending 30 June (ii) Force15 oundation lfoan was an io nterest free loan from the 2F017. orce15 Foundation (Inc.) Cash aas t bfank f (orgiven i) 530,675 and w ully i n 2 014. (ii) Force15 Foundation loan was an interest free loan from the Force15 Foundation (Inc.) (iii) FTorce15 cfarrying amount f the Association's urrent non-‐current borrowings and whe ully forgiven in loan 2o014. Term das eposits (ii) 62,778 (ii) Foundation was an interest fcree loan afnd rom the Force15 Foundation (Inc.) and w as f ully f orgiven i n 2 014. (ii) Force15 Foundation loan was an interest free loan from the Force15 Foundation (Inc.) approximate t heir f air v alue. 593,453 and w as f ully f orgiven i n 2 014. (iii) The carrying amount of the Association's current and non-‐current borrowings and as cfarrying ully forgiven in 2o014. (iii) Twhe mount f the ssociation's current on-‐current orrowings (i) bank eaaarns at A loating rates based aaond n dn bank b approximate their fair interest value. (iii) CTash he act arrying mount of the Afssociation's current nd naily on-‐current borrowings NOTE 13: MTEMBERS' FUNDS approximate their fair value. (iii) he rcates. arrying amount of the Association's current and non-‐current borrowings deposit approximate their fair value. (iii) SThort-‐term he carrying amount of m the Association's and non-‐current borrowings Accumulated approximate fair vaalue. (ii) eposits re ade for varying pcurrent eriods o f between 30 days and NOTE 13: MEMBERS' tdheir Fdeficit UNDS approximate t heir fair ovf alue. Balance a t b eginning y ear (1,982,088) NOTE 13: M EMBERS' F UNDS three m onths, d epending o n t he i mmediate c ash r equirements o f t he A ssociation Accumulated NOTE 13: MEMBERS' dFeficit UNDS Add: D eficit for the ytear (602,201) Accumulated dFeficit NOTE 13: MeEMBERS' UNDS and arn i nterest a t he r espective s hort-‐term d eposit r ates. Balance a t b eginning o f y ear (1,982,088) Accumulated dFeficit NOTE 13: MEMBERS' UNDS e nd o f y ear (2,584,289) Balance a t b eginning o f y ear (1,982,088) Accumulated d eficit Add: Deficit for the year (602,201) Balance at beginning of year (1,982,088) d Add: Deficit fnd or year (1,982,088) (602,201) Balance aA beeginning of year (2,584,289) NOTE 5: Accumulated TRADE Oeficit THER R ECEIVABLES Balance at t ND otthe f year Add: D eficit f or he y ear (602,201) Balance aat t beeginning of year (2,584,289) Balance f year Add: Deficit fnd or othe year (1,982,088) (602,201) Current Balance at efnd othe f year (2,584,289) (602,201) Add: D eficit or y ear Balance t end So (2,584,289) 991,635 NOTE 14: CASH FaLOW RECONCILIATION Trade debtors (TATEMENT i)f year Balance at feor nd of year debt (2,584,289) Allowance d oubtful -‐ NOTE 14: CASH FLOW STATEMENT RECONCILIATION Reconciliation oSf TATEMENT surplus to nRet cash provided by operating activities Bonds (non interest bearing) 5,360 NOTE 14: CASH FLOW ECONCILIATION NOTE 14: CASH FLOW STATEMENT RECONCILIATION 996,995 NOTE 14: CASH FLOW oSf TATEMENT ECONCILIATION Reconciliation surplus to nRet cash provided by operating activities NOTE 14: CASH FLOW ECONCILIATION Net deficit for otShe periodto nRet (602,201) Reconciliation f TATEMENT surplus cash provided by operating activities Reconciliation of surplus to net cash provided by operating activities Reconciliation f surplus o net cash pbrovided y oaperating activities (i) Trade receivables are nton-‐interest earing abnd re generally on 30-‐90 day Net deficit for othe period (602,201) Reconciliation othe f surplus net cash provided by wohen perating Add/(less) on-‐cash iftems: Net deficit or period (602,201) terms. An anfllowance or dto oubtful debts is made there aictivities s objective Net deficit for the period (602,201) Net deficit period (602,201) evidence that at he trade receivable is impaired. Add/(less) nfor on-‐cash items: Net d eficit f or t he p eriod Depreciation (602,201) 136,162 Add/(less) non-‐cash items: Add/(less) non-‐cash items: Interest 136,162 Add/(less) non-‐cash items: As at 31 cDharged ecember 2014 $289,171 (29%) of trade receivables were past due but not Depreciation 83,798 Add/(less) nimpaired, on-‐cash items: Loan f orgiveness (261,215) Depreciation 136,162 considered c ompared t o $ 142,767 ( 39%) a t 3 1 D ecember 2 013. Interest charged 136,162 Depreciation 83,798 Loss oforgiveness n dcisposal ssetsamounts have not been re-‐negotiated. However amounts that (261,215) 136,162 -‐ Interest Depreciation 83,798 Payment tharged erms oon f tahese Loan Interest charged 136,162 83,798 Depreciation Loan f orgiveness (261,215) Interest c harged 83,798 are f or h ospitality w ill h ave a ccess w ithheld u ntil p ayment i s r eceived a nd a s s uch Loss oforgiveness n disposal of assets (261,215) -‐ Loan Interest harged -‐ Before and liabilities Loss oforgiveness n cdchange isposal oaf ssets assets 83,798 Loan (261,215) all receivables oin ther than those specifically provided for are considered fully recoverable. (643,456) Loss o n d isposal o f a ssets -‐ Loan oforgiveness (261,215) Loss n d isposal o f a ssets -‐ Before change in assets and liabilities (643,456) on cd assets (643,456) -‐ Change ihange n isposal assets liabilities during the financial period Before in oaaf nd ssets and liabilities NOTE 6: Loss INVENTORIES Before change in assets and liabilities (643,456) (Increase) decrease n raeceivables (643,456) (645,179) Before in aand ssets nd liabilities At cost cihange 75,470 Change n a/ ssets liiabilities during the financial period Before c hange i n a ssets a nd l iabilities (643,456) (Increase) / d ecrease i n o ther c urrent a ssets (42,288) Change i n a ssets a nd l iabilities d uring t he f inancial p eriod 75,470 (Increase) decrease n receivables (645,179) Change in a/ ssets and liiabilities during the financial period (645,179) (52,574) (Increase) d ecrease n rionventories eceivables Change in a// ssets and liiiabilities durrent uring tahe financial period (Increase) d ecrease n ther c ssets (42,288) (Increase) ssets decrease n receivables (645,179) Change in a//(decrease) and liiiabilities uring tahe financial period Increase nearned revenue d o ther cdurrent ssets (645,179) 425,098 (42,288) rinventories eceivables NOTE 7: (Increase) OTHER C/ URRENT ASSETS (Increase) decrease ecrease in n u (52,574) (Increase) /// d n o ther current assets (645,179) (42,288) (Increase) decrease ecrease iiin n p ronventories eceivables Increase / ( decrease) ayables (41,379) (Increase) / d ecrease i 425,098 (52,574) ther current assets (42,288) Deferred c osts 71,813 Increase / ( decrease) i n u nearned r evenue (Increase) / d ecrease i n i nventories (Increase) /(decrease) d decrease ecrease iin n u onventories ther current assets 425,098 (52,574) (42,288) e mployee e ntitlements 121,107 Increase / nearned r evenue (Increase) / i Prepayments 52,624 Increase // ((decrease) decrease) iin n u pnearned ayables revenue 425,098 (52,574) (41,379) Increase (Increase) decrease n inventories (878,671) 425,098 (52,574) Net cash //p /((rovided by iiin operating activities Increase decrease) p ayables u nearned reevenue Increase decrease) n employee ntitlements 124,437 121,107 (41,379) Increase / ( decrease) i n p ayables (41,379) Increase // ((decrease) decrease) iin n ep umployee nearned reevenue 425,098 Increase ntitlements (878,671) 121,107 (41,379) ayables Net cash /p (rovided by in operating activities Increase decrease) employee entitlements Increase //p ((rovided decrease) iin p ayablesactivities (878,671) 121,107 (41,379) Net c ash b y o perating Increase decrease) n e mployee e ntitlements 121,107 58 Net RUGBYWA ANNUAL REPORT cash provided by i2014 operating activities Increase decrease) employee entitlements (878,671) 121,107 Net cash /p (rovided by n operating activities (878,671)

2013 $ 2013 2013 $ 2013 1,617,774 $ 2013 $ 2013 1,108,457 $ 1,617,774 1,108,457 2013 -‐ $ 1,617,774 1,617,774 1,108,457 1,617,774 39,691 -‐ $ 1,108,457 1,617,774 2,765,922 39,691 -‐ 1,108,457 -‐ 1,108,457 39,691 -‐ 2,765,922 11,400,750 2,765,922 39,691 -‐ 39,691 2,765,922 896,747 39,691 2,765,922 4,317,030 2,765,922

59,077 167,228 -‐ 167,228 167,228 60,663 167,228 167,228 167,228 16,734,266 167,228 167,228 167,228 167,228 155,880 167,228 -‐ 155,880 155,880 -‐ 155,880 155,880 155,880 155,880 155,880 155,880 155,880 342,060 155,880 309,606 342,060 (328,558) 342,060 309,606 342,060 323,108 309,606 342,060 (328,558) 309,606 342,060 (328,558) 323,108 309,606 (328,558) 323,108 309,606 45,902 (328,558) (328,558) 323,108 45,902 323,108 323,108 320,000 152,284 66,500 320,000 152,284 320,000 386,500 66,500 320,000 386,500 320,000 66,500 320,000 66,500 7,776,875 386,500 66,500 386,500 66,500 650,241 386,500 1,051,246 8,427,116 1,051,246 386,500 185,998 1,051,246 1,237,244 185,998 1,051,246 1,237,244 185,998 1,051,246 1,051,246 185,998 1,237,244 108,911 185,998 1,237,244 108,911 1,237,244 185,998 1,237,244 1,184,300 767,953 1,952,253

(821,598) (1,160,490) (821,598) (1,982,088) (821,598) (1,160,490) (821,598) (1,160,490) (1,982,088) (821,598) (1,160,490) (821,598) (1,982,088) (1,160,490) (1,982,088) (1,160,490) (1,982,088) 366,002 (1,982,088) (24,546)

10,360 351,816 (1,160,490) (1,160,490) (1,160,490) (1,160,490) (1,160,490) (1,160,490) 152,284 108,911 152,284 (30,000) 152,284 108,911 152,284 102,519 108,911 152,284 (30,000) 108,911 152,284 (30,000) 108,911 102,519 (30,000) 108,911 (826,776) 102,519 (30,000) 102,519 (30,000) (826,776) 102,519 (826,776) 102,519 (826,776) (826,776) 391,112 22,896 (826,776) 154,602 22,896 391,112 50,535 391,112 154,602 391,112 (694,832) 154,602 391,112 50,535 154,602 (229,989) 391,112 82,149 50,535 154,602 (694,832) 154,602 50,535 (229,989) (18,952) (694,832) 50,535 -‐ (694,832) 50,535 (1,174,300) (229,989) (694,832) 82,149 (18,952) (229,989) (694,832) (18,952) (1,174,300) (229,989) (18,952) (1,174,300) (229,989) (18,952) (1,174,300) (18,952) (1,174,300)

2014 2013 NOTE 15: SEGMENT INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR 31 December 014 $ $ WESTERN ENDED AUSTRALIAN RUGBY 2U NION (INC.) 2014 2013 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR NOTE 15: SEGMENT INFORMATION The Association operates solely within the Sporting Industry o f A ustralia. $ $ ENDED 31 December 2014 2014 2013 NOTE 15: SEGMENT INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR $ $ The Association operates solely within the Sporting Industry f A WESTERN AUSTRALIAN RUGBY UNION (INC.) ENDED 3o1 Dustralia. ecember 2014 2014 2013 NOTE SEEGMENT INFORMATION NOTE 1 15: 6: XPENDITURE C OMMITMENTS The Association operates solely within TtO he TSHE porting Industry of A ustralia. STATEMENTS FOR THE YEAR $ $ NOTES CONSOLIDATED FINANCIAL 2014 2013 Operating Leases NOTE 15: SEGMENT INFORMATION The A ssociation o perates s olely w ithin t he S porting I ndustry o f A ustralia. NOTE 16: EXPENDITURE OMMITMENTS ENDED 31 DECEMBER 2014 $ $ The Association hCas entered into the following commercial leases:-‐ Operating Leases NOTE 1 16: 5: SEGMENT INFORMATION NOTE E XPENDITURE C OMMITMENTS The Association operates solely within the Sporting Industry of Australia. The Association has entered into the following commercial leases:-‐ Building 2014 2013 Operating Leases NOTE 16: EXPENDITURE OMMITMENTS The Alease ssociation oiCas perates solely tn he Sporting Industry oith f Aaustralia. This has an h nitial date ointo f ew xpiry the 30 cJommercial une 2016, w further 3 options on $ $ The A ssociation entered tithin he foollowing leases:-‐ Operating Leases Building 30 JXPENDITURE une 2021, 30 O June 2026 and 30 June 2031. NOTE 126: : REEVENUE AND THER INCOME NOTE C OMMITMENTS The Alease ssociation entered the foollowing leases:-‐ This an hias nitial date ointo f expiry n the 30 cJommercial une 2016, w ith a further 3 options on a) RevenuehLas Building Operating eases 30 JXPENDITURE une 23021, 30 CJune 2t026 and 30 June 2031. t o move from these premises. NOTE 16: E OMMITMENTS As a t t he 1 D ecember here w as n o i ntention -‐ Commercial ervices 10,209,025 11,400,750 This has asn nitial date ointo f expiry n the 30 cJommercial une 2016, w ith a further 3 options on The Alease ssociation hias entered the foollowing leases:-‐ Building Operating eases There are nLo restrictions placed the lessees 30 une 2021, 3rugby 0 June 2026 and u3pon 0 June 2031. business operations by entering -‐ CJommunity 1,023,263 896,747 This as an hias nitial tdhere ate ow f eas xpiry on the 30 to June 2016, with a further 3 options on As at Atlease tssociation he 3hl1 December no intention move from these premises. The into hese eases. -‐ Professional rugbyentered into the following commercial leases:-‐ 4,295,903 4,317,030 Building 30 June 2021, 30 June 2026 and u3pon 0 June 2031. business operations by entering There are no restrictions placed the lessees As t lease the 3h1 as Dservices ecember no intention move from these premises. -‐ Caorporate 355,470 59,077 This an initial tdhere ate ow f eas xpiry on the 30 to June 2016, with a further 3 options on into these leases. Building Future r entals p ayable u nder t his l ease a s a t 3 1 December are as bfy ollows: There are norce o restrictions placed the lessees business 2o014 perations entering -‐ FaJuture Latd -‐ u3gpon rant 59,450 -‐ 30 une 2F3021, 3F0 oundation June 2t026 nd 0 June 2031. o As t t he 1 D ecember here w as n o i ntention t m ove f rom t hese p remises. This as an initial date of expiry on the 30 June 2016, with a further 3 options on into tlease hese hrleases. There -‐ Interest eceived 25,108 60,663 arore no restrictions placed u3pon the laessees business 2o014 perations entering Future entals ayable nder this lease a2 s 031. t 31 December are as bfy ollows: 30 June 2ne 021, 3p0 June 2u026 and 0 June Within yDear 15,968,219 16,734,266 145,830 150,221 As at these the 3l1 ecember there was no intention to move from these premises. into eases. After o ne y ear b ut n ot m ore t han f ive y ears 652,603 631,572 Future entals payable under this lease as laessees t 31 December are as bfy ollows: There arre no restrictions placed upon the business 2o014 perations entering b) Other i ncome Within one 150,221 145,830 As at tthe 31 Dear ecember More han fyive years there was no intention to move from these premises. 2,432,101 2,603,354 into these leases. -‐ Grants ryeceived Future rre entals pbayable under his lfease as laessees t 31 December 2o014 are as bfy ollows: After oane ear ut not m ore tthan ive tyhe ears 3,234,925 652,603 500,000 3,380,756 631,572-‐ There n o r estrictions p laced u pon b usiness perations e ntering Within one year 150,221 500,000 145,830 -‐ More than leases. five years 2,432,101 2,603,354 into t hese After one year pbayable ut not m ore tthan ive years 652,603 631,572 Future roentals under his lfease as at 31 December 2014 are as follows: Within ne year 3,234,925 150,221 3,380,756 145,830 The Association as a contractual obligation to pay back the interest free loans. More than five yhears 2,432,101 2,603,354 one year pbEayable ut not m ore tthan ive years 652,603 631,572 NOTE 3After a: OPERATING XPENDITURE Future rentals under his lfease as at 31 December 2014 are as follows: 3,234,925 3,380,756 Within one yive earytears 150,221 145,830 More t han f 2,432,101 2,603,354 Included w ithin he c ategories o f o perating e xpenditure a re t he f ollowing The A ssociation h as a c ontractual o bligation t o p ay b ack t he i nterest f ree l oans. Within one yearbut not more than five years 320,000 386,500 After one year 652,603 631,572 3,234,925 3,380,756 specific e xpenses: Within one year ut not more than five years 919,998 150,221 1,502,325 145,830 After ne year The Ao ssociation as a contractual obligation to pay back the interest free loans. More than five byh ears 2,432,101 2,603,354 Within oore ne earbut -‐ After year not more than five years 652,603 631,572 After o mne tyhan five years 3,234,925 320,000 3,380,756 386,500 -‐ Finance costs The Ao ssociation as a cm ontractual bligation After ne year ut not ore than o five years to pay back the interest free loans. 919,998 1,502,325 More than five byh ears 1,239,998 2,432,101 1,888,825 2,603,354 Within o ne y ear 320,000 386,500 Bank m charges -‐ After ore than five years 3,234,925 44,341 3,380,756 45,902 -‐ After ne year bh ut not more than five years 919,998 1,502,325 The Ao ssociation 45,902 Within one year as a contractual obligation to pay back the interest free loans. 1,239,998 320,000 44,341 1,888,825 386,500 After more than five years -‐ -‐ After ne year ebxpense ut not ore than o five years to pay back the interest free loans. 919,998 1,502,325 Depreciation The Ao ssociation h as cm ontractual bligation NOTE 17: RELATED ARTY DaISCLOSURES 1,239,998 1,888,825 Within oore ne tyPhan ear 320,000 -‐ 386,500 After m f ive y ears -‐ Depreciation 136,162 152,284 After one year but not more than five years 1,239,998 919,998 1,888,825 1,502,325 136,162 152,284 NOTE 17: RELATED DISCLOSURES Within one yPear 320,000 386,500 Members tARTY he fBive oard After more otf han years -‐ -‐ After one ybear ut npeot more than five 919,998 1,502,325 Employee xpense The names oPenefits f ARTY ebach holding the ypears osition of Board Member of the Association during the NOTE 17: RELATED Derson ISCLOSURES 1,239,998 1,888,825 Members otf shan the oard After maore fBive years 7,894,938 -‐ 7,776,875 -‐ Wages nd alaries financial year were: NOTE 17: RELATED ISCLOSURES The names oPf ARTY each D person holding the position of Board Member of the Association during the 1,239,998 1,888,825 Superannuation 689,595 650,241 Members of the Board financial year were: I Cochrane, L Davies, J Edwards, C Fear, S Fink, M Fulker, K Gallagher, 8,584,533 8,427,116 R P erry ( Chairman), The names oPf ARTY each D person holding the position of Board Member of the Association during the NOTE 17: RELATED ISCLOSURES Members of Dt he Board A Howarth, Redpath, H Sauer, S Staniforth, B Stewart, D Vaux financial year w ere: The n ames o f e ach p erson holding he position of Board Member of Mthe Association during the R (Chairman), Cochrane, EL XPENDITURE Dtavies, J Edwards, C Fear, S Fink, Fulker, K Gallagher, NOTE 137: ELATED PARTY DI ISCLOSURES b: PRSerry TADIUM NFRASTRUCTURE Members of tIhe Board financial y ear w ere: A H owarth, D R edpath, H S auer, S S taniforth, B S tewart, D V aux The following elated arty transactions oJ ccurred uring he earof Mthe Interest on oloans 83,798 108,911 R Perry (Chairman), Cpochrane, L Dtavies, Edwards, C Fear, S Fyink, Fulker, K Gallagher, The n ames f erach pIerson holding he position of Bdoard Mtember Association during the of Dtw Btoard Members -‐ A Howarth he Chairman t John of GBod Hospital 83,798 108,911 A H owarth, he Ras edpath, H Sauer, oSf SStaniforth, Stewart, D aVnd auxMermaid Marine financial y ear w ere: R Perry Cpochrane, L Dtavies, Edwards, C Fear, S Fyink, Fulker, K Gallagher, The following elated arty transactions oJ ccurred uring he earof Mthe n ames of erpach pIerson holding he position of Bdoard Mtember Association during the Front of (Chairman), jersey artnership A H owarth, D R edpath, H S auer, S S taniforth, B S tewart, D V aux -‐-‐ A owarth as the CChairman hairman oof f Wt John of GAod Hospital and Mermaid Marine yND ear w ere: SHftewart wCwas the ustralia The ollowing related arty transactions during the ear M Fulker, K Gallagher, NOTE 4 financial : CB A(Chairman), ASH EIQUIVALENTS R PASH erry Cpochrane, L DorkFocus avies, oJ ccurred Edwards, C Fear, S Fyink, Front o f jjersey p artnership o f ersey p artnership Front -‐ A H owarth w as t he C hairman o f S t J ohn o f G od Hospital nd ermaid Marine Cash at bank i) 530,675 1,184,300 A Howarth, D R r(edpath, H Sauer, S taniforth, B Stewart, D atVhe auxyM The f ollowing elated p arty t ransactions o ccurred d uring ear M Fulker, K Gallagher, R -‐ B Stewart was the IC Chairman o f LW AustraliaC Fear, S Fink, Perry (Chairman), ochrane, DorkFocus avies, J Edwards, Front odf eposits jersey p artnership Term ( ii) 62,778 767,953 Terms -‐ A H owarth w as t he C hairman o f S t J ohn o f G od H ospital a nd M ermaid M arine Front o f j ersey p artnership Redpath, Sauer, Staniforth, Stewart, D Vaux and cD onditions opf H t ransactions with orccurred elated pdarties A -‐ BH owarth, Sftewart w as the Chairman of SW orkFocus ABustralia 593,453 1,952,253 The ollowing r elated arty t ransactions uring t he y ear Front f jersey partnership Sales to nd pwurchases from related pJohn arties re mHade in arms transactions Front oo f aajersey peartnership (i) -‐-‐ A owarth as the CChairman hairman St of aGA od ospital nd length M ermaid Marine both at ash t bconditions ank arns aof t f W floating based on daaily bank BC SH was trices he o orkFocus ustralia Terms am nd oapinterest f transactions wommercial ith orrates elated perms. The ftewart ollowing related arty transactions ccurred darties uring the year normal arket p nd o n n ormal c t Front of jersey p deposit Front ersey partnership artnership Sales too f rajates. nd pwurchases from related arties mHade in arms transactions Terms -‐ A Howarth as the Cohairman of St pJw ohn orelated f aGre od and length Mermaid Marine both at and conditions f atransactions ith pospital arties (ii) -‐ B SShort-‐term tewart was the Chairman of Wfor orkFocus Apustralia dpartnership eposits re mnade arying eriods of between 30 days and normal m arket rices and on ormal cvommercial terms. Front too f ajersey p Sales nd p urchases f rom r elated p arties a re m ade i n a rms l ength t ransactions both at Front om f nd jersey p three onths, dartnership epending on the immediate equirements of the Association Terms aM conditions oP f ERSONNEL transactions ith related prarties normal -‐ BK SEY tewart was trices he Chairman o f W orkFocus Acash ustralia NOTE 18: ANAGEMENT Dcw ISCLOSURES m arket p a nd o n n ormal ommercial t erms. and etarn interest at the respective Sales nd purchases from related sphort-‐term arties are dmeposit ade in raates. rms length transactions both at Front oo f ajersey partnership Terms am nd conditions oaf transactions wommercial ith related tperms. arties normal arket prices nd on normal NOTE 18: KDEY MANAGEMENT P ERSONNEL DcISCLOSURES (i) etails o f K ey M anagement P ersonnel to aAnd purchases from related parties are made in arms length transactions both at NOTE 5Sales : TRADE ND OTHER oRf ECEIVABLES Terms aMnd conditions transactions with related parties Key management personnel the aDssociation during the financial year were: NOTE 18: K EY ANAGEMENT P ERSONNEL normal m arket p rices a nd on onf ormal cISCLOSURES ommercial terms. Current (i) Details of pKurchases ey Management Personnel Sales to and from related parties are made in arms length transactions both at Trade dM ebtors p F(rices i)personnel 991,635 366,002 NOTE 18: KEY ANAGEMENT Key management the aDssociation during the fN inancial ear ere: normal m arket a AP nd on oEnf ormal cISCLOSURES ommercial terms. M Mey oley, ERSONNEL Hill, M anawaiti, M Sinderberry, Smith, yM Ww ilson (i) C Dalverley, etails of K Management Personnel Allowance for doubtful debt -‐ (24,546) Key management personnel of the aDssociation during the financial year were: NOTE 18: KDEY M ANAGEMENT PERSONNEL ISCLOSURES Bonds (non 5,360 10,360 (i) etails of interest K Moanagement Personnel M Calverley, M Foley, ayable A Hill, Eincluding M anawaiti, M Sinderberry, N Smith, M Wsilson Total income pey aid r bpearing) termination payments and long ervice leave, Key m anagement p ersonnel o f t he a ssociation d uring t he f inancial y ear w ere: 996,995 351,816 NOTE 18: K EY M ANAGEMENT P ERSONNEL D ISCLOSURES or oalverley, therwise mey available all key management personnel of WM estern Australian M M ade Foley, A Hill, tEo M anawaiti, M Sinderberry, N Smith, Wilson (i) C D etails of K Management P ersonnel Total income aid oin r prespect ayable oincluding termination nd alssociation ong service leave, Rugby Union (pInc.) f tthe he am anagement of paayments ffairs of tahe 1,230,016 1,319,732 Key m anagement p ersonnel o f ssociation d uring t he f inancial y ear w ere: M C M ade Foley, A Hnill, M anawaiti, M Sinderberry, N Smith, M Wilson or oTalverley, therwise mey available tEo all key bmearing anagement personnel of oW estern ustralian rade receivables a re on-‐interest and apre generally n 30-‐90 dAay (i) D etails of K P ersonnel Total income paid Moanagement r p ayable including termination ayments and long service leave, Rugby (Inc.) iersonnel n ransactions rfespect he m of hen ffairs of tis he association 1,230,016 1,319,732 terms. Anion n abllowance or doubtful daey ebts is made w tm here Key management oof f tathe ssociation dwuring the fanagement inancial ear were: There hU ave een npo aknd banagement alances ith kapey or oalverley, therwise m ade atvailable m anagement ersonnel oof bjective WyM estern Australian M C M Foley, A Hill, tEio Mll anawaiti, M Sinderberry, N Smith, pWersonnel Total income or p rayable ncluding termination and long silson ervice leave, evidence hat (pInc.) aaid trade eceivable is iym mpaired. of paayments and their rtelated parties during ear. Rugby Union in respect of the anagement ffairs of the association 1,230,016 1,319,732 or oalverley, therwise m ade all ey bm anagement ersonnel of WM estern Australian There have bM een no atvailable ransactions aknd alances with kpey management M C Foley, A Hill, tEo M anawaiti, M Sinderberry, N Smith, pWersonnel ilson Total i ncome p aid o r p ayable i ncluding t ermination p ayments a nd l ong s ervice l eave, Rugby (Inc.) in respect of tthe he (ym anagement affairs of the association 1,230,016 1,319,732 As at 3U 1 nion Drecember 2014 289,171 29%) of trade orf eceivables were past due but not and their elated parties d$uring ear. There have been no atvailable ransactions alances with kpey management personnel or otherwise made to all aknd ey bm anagement ersonnel of Western Australian Total i ncome p aid o r p ayable i ncluding t ermination p ayments a nd l ong s ervice l eave, considered i mpaired, c ompared t o $ 142,767 ( 39%) a t 3 1 D ecember 2 013. NOTE 19: REMUNERATION AdUDITORS and their related parties uring Rugby Union (Inc.) in OrF espect of the ymear. anagement of affairs of the association 1,230,016 1,319,732 There have been tvailable ransactions bm alances with kpey management personnel or otherwise made to all aknd anagement ersonnel of W estern Aaustralian Payment terms onn o tahese amounts hey ave not been re-‐negotiated. However mounts that and heir related parties dUDITORS uring ym ear. NOTE 19: REMUNERATION Rugby Uhnion (f Inc.) in O rF espect f the Rw anagement opf ayment affairs ois f & trhe association 1,230,016 1,319,732 are fator ospitality w ill hAAave aoccess ithheld until eceived and as such The uditor Western ustralian ugby Union is Emrnst Young There have boeen no transactions and balances w(Inc.) ith key anagement personnel all r eceivables o ther t han t hose s pecifically p rovided f or a re c onsidered f ully r ecoverable. NOTE 19: REMUNERATION OF AdUDITORS and their related parties uring the year. The auditor f Western Australian Rugby is Emrnst & Young There have boeen noo r tdransactions and balances w(Inc.) ith ey anagement personnel Amounts received ue and receivable bU y nion Ernst & Ykoung (Australia) for: NOTE 1 9: R EMUNERATION O F A UDITORS NOTE 6and : I NVENTORIES t heir r elated p arties d uring t he y ear. 20,000 38,500 * a n a udit o r r eview o f t he f inancial r eport o f t he e ntity The auditor of Western Australian Rugby Union (Inc.) is Ernst & Young Amounts received or due and receivable by Ernst & Young (Australia) for: At cost 75,470 22,896 4,532 -‐ * t axation a dvice NOTE 19: REMUNERATION OF AUDITORS Rugby Union (Inc.) is Ernst & Young The a* uditor of W 20,000 75,470 38,500 an audit or estern review Aoustralian f the financial report of the entity 22,896 Amounts received or due and receivable by Ernst & Young (Australia) for: 4,532 -‐ * taxation adviceOF AUDITORS NOTE 19: REMUNERATION 20,000 38,500 * a n a udit o r r eview o f t he f inancial r eport o f t he e ntity The auditor of Western Australian Rugby bU is Ernst & Young Amounts oA r SSETS due and receivable y nion Ernst (Inc.) & Young (Australia) for: NOTE 270: UBSEQUENT EVENTS : OSTHER Creceived URRENT 4,532 -‐ * taxation advice 20,000 38,500 * a n a udit o r r eview o f t he f inancial r eport o f t he e ntity The auditor of Western Australian Rugby Union (Inc.) is Ernst & Young Deferred c osts 71,813 82,149 Amounts r eceived o r d ue a nd r eceivable b y E rnst & Y oung ( Australia) f or: 4,532 -‐ * taxation aydvice NOTE 20: SUBSEQUENT EVENTS Subsequent to o ear end tohe ssociation as negotiated a short term unsecured Prepayments -‐ 20,000 52,624 38,500 * an audit r review f tA he financial hreport of the entity Amounts received oo r udnderpin ue and rteceivable y Ernst & Young (Australia) for: interest free loan he 2015 cbashflow. 82,149 NOTE 20: SUBSEQUENT EtVENTS 4,532 124,437 -‐ * t axation a dvice Subsequent to oyear end tohe ssociation as negotiated a short term unsecured 20,000 38,500 * an audit r review f tA he financial hreport of the entity NOTE 20: SUBSEQUENT EtVENTS interest free loan o underpin the 2015 cashflow. 4,532 -‐ * taxation Subsequent to aydvice ear end the Association has negotiated a short term unsecured RUGBYWA 2014 ANNUAL REPORT interest free loan EtVENTS o underpin the 2015 cashflow. NOTE 20: SUBSEQUENT

AUSTRALIAN RUGBY UNION (INC.) NOTES TO THE WESTERN CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 December 2014 WESTERN A USTRALIAN R UGBY U NION ( INC.) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD NOTE 21: FINANCIAL INSTRUMENTS ENDED 31 oD ecember 014 WESTERN AUSTRALIAN Rliabilities. UGBY 2U NION (INC.) The Association's principal financial instruments comprise receivables, payables, cash and short-‐term deposits, and ther O THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD WESTERN AUSTRALIAN RUGBY UNOTES NION T(INC.) AUSTRALIAN RUGBY NOTE 21: FINANCIAL INSTRUMENTS The Association manages its exposure to key financial risks in accordance with the Association's fWESTERN inancial risk management policy.UNION (INC.) ENDED 31 oD ecember 2014 The ssociation's principal inancial instruments eceivables, payables, ctash and w hort-‐term deposits, and ther liabilities. NOTES TsO THE CONSOLIDATED INANCIAL STATEMENTS FOR THE PERIOD The A objective of the policy ifs to sNOTES upport tThe of the rA ssociation's financial argets hilst rotecting future fFinancial security. O dTelivery HE cComprise ONSOLIDATED FINANCIAL STATEMENTS FpOR THE YEAR NOTE 21: FINANCIAL INSTRUMENTS TO THE CONSOLIDATED INANCIAL STATEMENTS FOR THE PERIOD The Association manages its exposure to key financial risks in accordance with the NOTES Association's financial risk management policy. ENDED 3F1 December 2014 The A ssociation's principal ifs inancial instruments comprise rA eceivables, payables, ctash and wshilst hort-‐term deposits, and ther liabilities. ENDED 1 oD ecember 2014 ENDED 3 1 DECEMBER 014 The o o f uthe to msethods upport he elivery f the ssociation's financial argets protecting future f3inancial security. NOTE 21: FINANCIAL INSTRUMENTS The Abjective ssociation ses pdolicy ifferent tto mdeasure aond m anage different types o2f risks to which it is exposed. These include monitoring The Association manages its exposure to key financial risks in accordance with the Association's financial risk management policy. NOTE 21: FINANCIAL INSTRUMENTS The Association's ptrincipal financial instruments comprise payables, cash and short-‐term nd m other liabilities. levles of exposure o interest rate risk and assessments of rmeceivables, arket forecasts for interest rates. Ageing daeposits, nalyses aand onitoring of specific The o of uthe policy ifs to msethods upport the elivery ond f the ssociation's financial tash argets wsw hilst protecting future financial security. ssociation's paanages rincipal comprise rA and eposits, nd other liabilities. The Abjective ssociation mdeasure anage d ifferent ocf isks to hich it is edxposed. Tafuture hese irnclude onitoring mses its inancial exposure o to key fcinancial risks ieceivables, n accordance wtypes ith the ssociation's inancial risk omf anagement policy. credit allowances re duifferent ndertaken to instruments mtanage redit raisk, lm iquidity risk is pmayables, onitored tArhrough thort-‐term he dfevelopment olling cm ash flow forecasts.2013 2014 The ssociation anages its xposure key inancial in accordance with Association's financial risk maanagement olicy. levles of exposure to piolicy nterest ate risk ato nd assessments f m arket forecasts for tihe nterest rates. Apgeing analyses nd monitoring of specific The A objective of m the is etro support the dfelivery of risks tohe A ssociation's financial targets whilst rotecting future financial specurity. $ $ The ssociation ses msethods tto measure nd anage d ifferent types of rhrough isks to w hich it is exposed. hese irnclude onitoring The A objective of uthe pdolicy is to p upport he f the inancial ttargets rotecting future financial security. credit allowances aare uifferent ndertaken to manage celivery redit raisk, lm iquidity risk is m thilst he dpevelopment of Tfuture olling cm ash flow forecasts. B oard reviews nd agrees olicies for mdanaging eoach oA f tssociation's hese risks afs onitored summariesed bw elow. NOTE 2The : REVENUE AND O INCOME levles of exposure to THER interest rate risk and assessments of market forecasts for interest rates. Ageing analyses and monitoring of specific The Association uses different methods to measure and manage different types of risks to which it is exposed. These include monitoring a) Revenue credit allowances aare uifferent ndertaken to manage credit risk, liquidity risk is m the development of future rolling cm ash flow forecasts. Aoard ssociation uses d molicies ethods o m easure d of tArhrough isks w hich it is esaub-‐committee. xposed. hese The B reviews agrees p ach f arket these rorecasts isks as onitored stypes ummariesed levles of reesponsibility xposure to nd interest rate risk afor nd amssessments omf oanage m fifferent for tihe nterest Ageing nalyses aTnd monitoring oonitoring f specific Primary for identification atnd canaging ontrol oaef nd financial risks rests w ith udit rtbates. ao elow. nd F inance iTnclude he committee reviews and agrees policies -‐ Commercial services a nalyses 10,209,025 11,400,750 levles oaf exposure o f itu nterest isk nd assessments f interest market risk or interest rates. geing m onitoring of sfpecific credit llowances re ndertaken tro maanage credit risk, oliquidity is rm onitored hrough the aAdnd evelopment of falow fnd uture rolling pcrojections. ash low forecasts. for managing each ato he risks rate identified below, including rforecasts ate isk, cfredit atllowances, future cash forecast Primary -‐ C ommunity r ugby 1,023,263 896,747 The Board reviews aare nd agrees policies for mcanaging ef ach of these risks as onitored summariesed credit allowances ufor ndertaken to manage credit roisk, liquidity risk s m the development of future rTolling cash flow reviews forecasts. responsibility identification and ontrol financial risks riests w ith the tAhrough udit baelow. nd Finance sub-‐committee. he committee and agrees policies -‐ Pm rofessional rugby 4,295,903 for anaging each f the risks pidentified below, including credit allowances, flow forecast projections. 4,317,030 The B(i) oard reviews aond agrees olicies for managing each ionterest f these rrate isks raisk, s summariesed below.and future cash Interest rate risk Primary responsibility identification and ontrol oef ach financial risks rests ith the Audit baelow. nd Finance sub-‐committee. The committee reviews 59,077 and agrees policies -‐ Corporate services 355,470 The Board reviews and for agrees policies for mcanaging of these risks as w summariesed for m anaging e ach o f t he r isks i dentified b elow, i ncluding i nterest r ate r isk, c redit a llowances, a nd f uture c ash f low f orecast p rojections. The -‐ F uture F orce F oundation L td -‐ g rant 59,450 (i) Interest rhate Primary responsibility for identification and control of fsinancial risks rests the Audit ianterest nd Finance The committee reviews and -‐ agrees policies A ssociation as nrisk ot entered into any interest rate waps, forward rate waith greements, rate osub-‐committee. ptions Primary responsibility or dentification and control of financial risks rests wcith the aAllowances, udit and Finance sub-‐committee. The committee reviews 60,663 and agrees policies -‐ Isnterest received 25,108 forecast for m anaging each of tTfhe isks identified below, including rrate rrisk, aend future cash flow projections. or imilar derivatives. he riA ssociated entity's exposure to iinterest nterest ate isks tredit ogether with the ffective interest (i) Interest rate risk for anaging each onf the risks identified binterest elow, aincluding interest ate rate isk, redit allowances, and future The ssociation ot entered into swaps, forward acgreements, interest rate o ptions c ash 15,968,219 flow forecast projections. 16,734,266 rate mAfor classes ohf as financial assets and alny iabilities t rbate alance date is sret orut below. or imilar dincome erivatives. The Associated entity's exposure to interest rate risks together with the effective interest (i) Interest rate risk b)sOther The A ssociation nrisk ot entered interest swaps, forward ate agreements, interest rate options (i) Interest rate for classes orhate f as financial assets into and alny iabilities at rbate alance date is set orut below. or -‐ G rants r eceived 500,000 -‐ similar derivatives. The Associated entity's exposure to iFloating nterest rate risks rtate ogether with the Weighted effective ianterest Financial I nstruments i nterest verage effective interest rate The Association has not entered into any interest rate swaps, forward rate agreements, interest rate options 500,000 -‐ rate f or c lasses o f f inancial a ssets a nd l iabilities a t b alance d ate i s s et o ut b elow. The Association has not entered into aeny interest rate stwaps, forward interest rate o2014 ptions 2014 2013 with 2013 or similar derivatives. The Associated ntity's exposure o interest rate rrate isks atgreements, ogether the effective interest Financial Instruments Floating interest rtate verage effective interest rate or similar derivatives. The Aassociated ntity's exposure to id nterest ate risks ogether effective ianterest $ with the Weighted % rate for classes of financial ssets and eliabilities at balance ate is sret out below. NOTE 3rate a: (a) OfPERATING Ef XPENDITURE 2014 2014 2013 or classes aossets financial assets and liabilities at balance date is set out below.2013 Financial Financial Instruments Floating interest rate $ Weighted average effective interest rate Included % a593,453 re the following 1,952,253 1.56 1.89 Cash within the categories of operating e xpenditure 2014 2013 2014 2013 (a) Financial assets specific expenses: Financial Instruments interest Weighted average effective interest rate Floating 593,453 r ate 1,952,253 Total Financial Assets % Financial Instruments interest Weighted average effective i2013 nterest rate 2014 Floating 593,453 r ate 2013 $ 1,952,253 1.56 1.89 Cash 2014 (a) F inancial a ssets 2014 2013 2014 2013 593,453 $ 1,952,253 Total Financial % Finance costs Assets 593,453 $ 1,952,253 1.56 1.89 Cash % (a) Fcinancial assets Bank harges 45,902 The table delow dAetails a nalyses o 593,453 f the Association a t t 1,952,253 he reporting date, holding all 44,341 Total Financial ssets the interest rate sensitivity (a) F inancial a ssets 593,453 1,952,253 1.56 1.89 Cashvariables constant. other 44,341 45,902 a nalyses o 593,453 f the Association a t t 1,952,253 he reporting date, h1.56 1.89 Cash The table delow dAetails olding all 593,453 1,952,253 Total Financial ssets the interest rate sensitivity Depreciation e xpense 593,453 1,952,253 Total Financial Assets other variables constant. Financial Instruments Effect On: Effect On: Depreciation 152,284 The table delow details the interest rate sensitivity analyses of the Association at the reporting date, holding all 136,162 Profit Equity 136,162 Profit Equity 152,284 other v ariables c onstant. Financial I nstruments Effect O n: Effect O n: The table delow details the interest rate sensitivity analyses of the Association a2014 t the reporting date, h2014 olding all Risk Variable Sensitivity 2013 2013 Employee b enefits e xpense The t able d elow d etails t he i nterest r ate s ensitivity a nalyses o f t he A ssociation a t t he r eporting d ate, h olding a ll Profit Equity Profit Equity other variables 12,378 12,378 25,016 25,016 Interest Rate constant. + 1.0 % Financial Effect On: 7,776,875 Wages aariable nd Instruments salaries other constant. Risk vVariables Sensitivity 2014 Effect On: (12,378) 2014 7,894,938 (25,016) 2013 2013 (12,378) (25,016) -‐ 1.0 % Profit Equity Profit Equity 12,378 25,016 Superannuation 689,595 650,241 Interest + 1.0 % Financial RIate nstruments Effect On: 12,378 Effect On: 25,016 Risk Variable Sensitivity 2014 2013 2013 Financial Instruments Effect On: (25,016) (12,378) -‐ 1.0 % Equity 2014 8,584,533 (25,016) 8,427,116 Profit Effect On: (12,378) Profit Equity 12,378 12,378 25,016 25,016 Interest Rate + 1.0 % Profit Equity Profit Equity Risk Sensitivity 2014 2014 2013 2013 (ii) VFariable inancial risk management objectives and policies (12,378) (12,378) (25,016) (25,016) -‐ 1 .0 % Variable Sensitivity 2014 2014 2013 2013 12,378 12,378 25,016 25,016 Interest R ate + 1 .0 % NOTE 3Details b: Risk STADIUM I NFRASTRUCTURE E XPENDITURE of the significant accounting policies and methods adopted, including the c riteria f or r ecognition, t he b asis o f m easurement a nd t he basis 12,378 12,378 25,016 25,016 Interest Rate risk management objectives and policies + .0 % % (ii) Financial (12,378) (12,378) (25,016) (25,016) -‐ 11.0 Interest n loansand expenses are recognised, in respect 83,798 108,911 on which o income of each class of financial a sset, a nd f inancial l iability i nstrument a re d isclosed i n n ote 1 to (12,378) (12,378) (25,016) (25,016) -‐ 1 .0 % Details of the statements. significant accounting policies and methods adopted, including the criteria for recognition, the basis 83,798 of measurement and the b108,911 asis the f(ii) inancial Financial risk management objectives and policies on which income and expenses are recognised, in respect of each class of financial asset, and financial liability instrument are disclosed in note 1 to Details oFf inancial the statements. significant accounting opbjectives olicies and methods adopted, including the criteria for recognition, the basis of measurement and the basis risk management and policies the f(ii) inancial Credit risk exposures NOTE 4on : Cw ASH CASH Em QUIVALENTS (ii) FAinancial raisk anagement bjectives aind policies hich iND ncome nd expenses are roecognised, n respect of each class of financial asset, and financial liability instrument are disclosed in note 1 to Details he s ignificant accounting policies acnd methods atdopted, including the Acssociation's riteria for recognition, basis easurement nd the basis The ssociation with recognised, reditworthy hird parties. It is the policy that athe ll customers ho wish to tarade 1,184,300 Cash aoot f f bttank (ti)rades only 530,675 of mw the fAinancial statements. Details he significant accounting pecognised, olicies and in mrethods aodopted, including the criteria for recognition, the basis of measurement and itn he basis Credit r isk e xposures on w hich i ncome a nd e xpenses a re r espect are disclosed note 1 to on credit terms a (re subject to credit verification procedures.f each class of financial asset, and financial liability instrument Term d eposits ii) 62,778 767,953 on hich income and expenses are recognised, in respect otf each class oIf t fiinancial asset, and fpinancial liability instrument are disclosed in note 1 to The ssociation trades only with recognised, creditworthy hird parties. s the Association's olicy that all customers who wish to trade the wfAinancial statements. 593,453 1,952,253 Credit risk exposures the cfredit inancial statements. on terms are subject to credit rocedures. In addition, receivables balances are vmerification onitored opn an ongoing basis with the result that the Association's exposure to bad debts is not significant. The ssociation trades with raecognised, reditworthy hird parties. (i) CAash at ebxposures ank earns oinly nterest t floating rcates based otn daily bank It is the Association's policy that all customers who wish to trade Credit risk on c redit t erms a re s ubject t o c redit v erification p rocedures. deposit r ates. Credit r isk e xposures In addition, receivables alances re monitored on an ongoing with result that the Ap ssociation's to bwad ebts significant. The Association with raecognised, creditworthy third bpasis arties. It tihe s the Association's olicy that aell xposure customers ho dw ish tis o ntot rade Concentration otf rades credit obrnly isk (ii) cSredit drades eposits acre m ade varying eriods f hird between 30 The A ssociation only w recognised, reditworthy parties. It dis the aAnd ssociation's policy that all customers who w rade of on terms atm re subject toncentrations o ith credit vfor erification pprocedures. The Ahort-‐term ssociation inimises of ccredit risk in ortelation to trade aays ccounts receivable by undertaking transactions wish ith tao ntumber In acddition, receivables brisk alances are immediate onitored ocpash n an roequirements ngoing basis w ith the result that the Association's exposure to bad debts is not significant. on terms s Tubject to credit vmerification rocedures. three mconths, dre onn tshe of he Association Concentration oaf cepending redit low rredit isk ustomers. here is o ignificant concentration of credit risk wtithin the Association and cash held is spread amongst a number of The Aessociation minimises cespective oncentrations of credit reposit isk ingoing n relation to wtrade accounts eceivable by undertaking transactions ith ias number of and arn i nterest a t t he r s hort-‐term d r ates. In a ddition, r eceivables b alances a re m onitored o n a n o b asis ith t he result trhat the Association's exposure to onthly bad dw ebts significant. financial institutions to m inimise the risk of default of counter parties. Management monitor the credit rating on a m basis. Pot olicy states that Concentration of credit In addition, receivables brisk alances are monitored on an ongoing basis with the trhe esult that the Aassociation's exposure to amongst bad debts not significant. low risk customers. There is no significant concentration of credit risk within Association nd cash held is spread a nis umber of no m ore t han 7 0% o f f unds c an b e h eld i n a ny o ne i nstitution e ven i f s ponsored b y a f inancial i nstitution. The Association minimises concentrations of credit risk in relation to trade accounts receivable by undertaking transactions with a number of Concentration credit risk NOTE 5financial : TRADE institutions AND oOf THER ECEIVABLES to R m inimise the risk of default of counter parties. Management monitor the credit rating on a monthly basis. Policy states that low rAisk customers. There no significant cf oncentration credit tro isk within the Association and held is spread amongst a naumber of of Concentration o0% f cinimises redit riskics concentrations The ssociation m credit risk in orf elation accounts by cuash ndertaking transactions with number Current no m ore t han 7 o f f unds an be held in aony one institution even if tsrade ponsored by a rfeceivable inancial institution. Liguidity Rnstitutions isk minimises financial i t o m inimise t he r isk o f d efault o f c ounter p arties. M anagement m onitor t he c redit r ating o n a m onthly b asis. P olicy The A ssociation c oncentrations o f c redit r isk i n r elation t o t rade a ccounts r eceivable b y u ndertaking t ransactions w ith a n umber o 366,002 f that low risk dcebtors ustomers. here is no significant concentration of credit risk within the Association and cash held is spread amongst a number osf tates Trade r(isk i) Tm 991,635 fall due. Prudent ltiquidity anagement implies m aintaining sufficient cash two ithin meet commitments ainstitution. s and when they Management no m ore han 7 0% o f f unds c an b e h eld i n a ny o ne i nstitution e ven i f s ponsored b y a f inancial low r isk c ustomers. T here i s n o s ignificant c oncentration o f c redit r isk t he A ssociation a nd c ash h eld i s s pread a mongst a n umber o f financial iRnstitutions minimise the to risk of default of counter arties. anagement monitor the credit rating n a m asis. Policy states Allowance dfebt -‐ onthly (24,546) that Liguidity iskfor dcoubtful monitors rolling ash tfo low orecasts manage liquidity risk. Tp he only f M inancial liabilities of the Association at boalance date abre trade financial nstitutions m inimise the risk oaf m daintaining efault of counter pven arties. Mm anagement onitor aitnstitution. he credit rating dmue. onthly basis. Policy states that Prudent litiquidity risk m anagement sufficient cash t o commitments when hey ofn all Management no moore han 70% oaf tnd fo b unds can be himplies eld i n ny oane institution if sponsored by ap aid fm inancial Bonds (non interest earing) a5,360 10,360 and ther payables other liabilities. These mounts are uensecured and eet usually within s 3a0 nd days of rtecognition. Liguidity isk 70% no more tRrhan of flow unds can be hteld any olne institution ven if sponsored by a financial institution. monitors olling cash forecasts o min anage iquidity risk. Tehe only financial liabilities of the Association at b 996,995 alance date are trade 351,816 Prudent liquidity risk management implies maintaining sufficient cash to meet commitments as 3a0 nd when hey fall due. Management and other ayables and other liabilities. These amounts are unsecured and usually paid within days of rtecognition. Liguidity Rpisk monitors flow forecasts to manage liquidity risk. The only financial liabilities of the Association at balance date are trade Liguidity Rraolling isk crash Prudent liquidity isk implies maintaining ufficient cash to 3m eet cdommitments as and when they fall due. Management Maturity of fm inancial assets and blearing iability ased on management's expectation. (i) Torade rpnalysis eceivables aanagement re non-‐interest abnd asre generally on 0-‐90 ay paid within and ther ayables and other liabilities. These amounts are unsecured and usually days of rtecognition. Prudent lmplied iquidity rash isk m anagement implies aintaining srufficient tfo meet ommitments as 3Aa0 nd hen hey fall due. eceivables Management monitors r olling c ftlow orecasts to min anage liquidity isk. The coiash inancial iabilities of itnflows he ssociation at balance drate are trade The r isk i f rom he vfalues shown tm he table elow, rteflects ao bbjective alanced vcliew of cash aw nd outflows, trade terms. An allowance for doubtful debts is m ade bw hen here s nly monitors r olling c ash f low f orecasts t o m anage l iquidity r isk. T he o nly f inancial l iabilities o f t he A ssociation afinancial t balance date aand re tlrade Maturity a nalysis o f f inancial a ssets a nd l iability b ased o n m anagement's e xpectation. and o ther p ayables a nd o ther l iabilities. T hese a mounts a re u nsecured a nd u sually p aid w ithin 3 0 d ays of recognition. trade tayables. These assets are cionsidered in the Association's overall liquity risk. To monitor existing assets iabilities evidence hat a t rade r eceivable i s mpaired. and ther aand ther liabilities. These amounts are uestern nsecured and usually poaid within 30 hdas of utflows, recognition. The isk from the values hown i n the below, reflects aA bustralian alanced vRiew f Ucnion ash inflows aays nd tcrade receivables as wroell ais mplied tpo ayables enable n eoffective csontrolling of tfable uture risks, W ugby (Inc.) established omprehensive risk Maturity a nalysis o f f inancial a ssets a nd l iability b ased o n m anagement's e xpectation. and trade cpommensurate ayables. These waith ssets considered in the Association's overall liquity isk. To monitor xisting fsinancial assets and liabilities reporting the asre ize of its activities that reflects expectation of mranagement or eexpected ettlement of financial assets and liabilities. The r isk i mplied f rom t he v alues s hown i n t he t able b elow, r eflects a b alanced v iew o f c ash i nflows a nd o utflows, t rade r eceivables As waell t 3a1 s Dto ecember 2014 $289,171 (29%) oof f future trade rrisks, eceivables wAere past dRue but Unnion ot (Inc.) has established comprehensive risk as enable effective controlling ustralian ugby Maturity analysis of afn inancial assets and liability based on W mestern anagement's expectation. and trade acpnalysis ayables. aith ssets asre the Aao ssociation's overall isk. To monitor xisting fsinancial assets and liabilities considered impaired, compared tize o ca$onsidered (in 39%) t n 3rreflects 1 D ecember 2013. f mranagement Maturity of Tfhese athe ssets nd based m anagement's eliquity xpectation. reporting ommensurate w o142,767 activities that eaxpectation or eaexpected ettlement f financial assets and liabilities. The risk implied from tinancial he values shown if n ilts tiability he table below, eflects balanced voiew of cash inflows nd outflows, trade roeceivables <6 6-‐12 1-‐5 >5 Total as wrell ais mplied tto erms enable atn effective csontrolling oot f tfable uture rrisks, W estern aA bustralian Riew ugby Ucnion (Inc.) has established crade omprehensive risk Payment o n hese a mounts h ave n b een e-‐negotiated. H owever a mounts t hat The isk f rom t he v alues hown i n t he b elow, r eflects alanced v o f ash i nflows a nd o utflows, t r eceivables and t rade p ayables. T hese a ssets a re c onsidered i n t he A ssociation's o verall l iquity r isk. T o m onitor e xisting f inancial a ssets and liabilities Year ended 31 December 2014 months months years years reporting cpommensurate sre ize oithheld f its activities that eflects xpectation oaf s mrsanagement or eexpected ettlement of financial assets and liabilities. are frade or ahs ospitality ill hw ave athe ccess uintil ayment is reeceived nd uch and Tn hese aith ssets cw onsidered n the Association's verall aliquity isk. To m(onitor xisting fsinancial assets a>5 nd liabilities <6rW Total as wtell to ayables. enable aw effective caontrolling of future rpisks, estern Aoustralian R6-‐12 ugby Union Inc.) has e1-‐5 stablished comprehensive risk as as actssets o nable an tehan ffective controlling future rtisks, estern Australian fmonths Rougby Union (Inc.) established comprehensive risk all wrell eceivables ther those pecifically provided are considered ully ecoverable. Year ended 3e1 Doecember 014 months years reporting ommensurate w2ith the ssize of its oaf ctivities hat for rW eflects expectation f mranagement or heas xpected settlement of fyears inancial assets and liabilities. Financial <6 6-‐12anagement or expected 1-‐5 >5 Total reporting commensurate expectation Cash & cash equivalents with the size of its activities t hat r eflects 593,453 o f m -‐ s ettlement -‐ o f f inancial -‐a ssets a nd l iabilities. 593,453 Year e nded 3 1 D ecember 2 014 months months years years ssets NOTE 6Financial : INVENTORIES Trade & oather receivables <6 991,635 6-‐12 5,360 1-‐5 -‐ >5 -‐ Total 996,995 Cash cash 3e1 quivalents months <6 1,585,088 593,453 6-‐12 5,360 years 1-‐5 -‐-‐ 75,470 >5 -‐-‐ Total 593,453 Year e&nded December 2014 At cost years months -‐ 22,896 1,590,448 Financial ssets Year e& nded 31 rD ecember 2014 Trade oather eceivables months 991,635 months 5,360 years -‐ 75,470 years -‐ 22,896 996,995 Cash & cash equivalents 1,585,088 593,453 -‐-‐ -‐-‐ 593,453 5,360 -‐ 1,590,448 Financial aiabilities ssets Financial Trade & olather receivables 991,635 5,360 -‐ -‐ 996,995 Financial ssets Cash & c ash e quivalents 593,453 -‐ -‐ -‐ 593,453 & other payables 1,585,088 412,683 -‐-‐ -‐-‐ 412,683 NOTE 7Trade : OTHER CURRENT ASSETS 5,360 -‐ 1,590,448 Cash ash equivalents 593,453 -‐-‐ -‐-‐ 593,453 Financial lther iabilities Trade && c o receivables 991,635 320,000 5,360 -‐ 1,126,327 996,995 Loan -‐ 806,327 -‐ Deferred c osts 71,813 82,149 Trade & & o other ther p receivables 991,635 5,360 -‐ 412,683 996,995 Trade ayables 1,585,088 412,683 806,327 -‐-‐ -‐-‐-‐ 5,360 1,590,448 412,683 320,000 1,539,010 Prepayments -‐ Financial liabilities 320,000 5,360 806,327 -‐ 52,624 -‐ 1,590,448 Loan 1,585,088 -‐ -‐ 1,126,327 Trade & other payables 412,683 320,000 -‐ 806,327 -‐ 124,437 -‐-‐ 412,683 412,683 82,149 1,539,010 Financial liabilities Loan -‐ 320,000 806,327 -‐ 1,126,327 Financial l iabilities Trade & other payables 412,683 -‐ -‐ -‐ 412,683 412,683 320,000 806,327 1,539,010 60 Trade other payables 2014 ANNUAL REPORT -‐ 320,000 -‐ 806,327 -‐ -‐-‐-‐ 412,683 Loan & RUGBYWA 412,683 1,126,327 Loan 412,683 320,000 1,126,327 -‐ 320,000 806,327 806,327 -‐-‐ 1,539,010

WESTERN AUSTRALIAN RUGBY UNION (INC.) DIRECTOR'S DECLARATION The general purpose financial report has been prepared to satisfy the reporting requirements under the Association's constitution. The Western Australian Rugby Union (Inc.) board has determined that accounting policies adopted are appropriate to meet the needs of the members of the Association. The financial statements have been prepared in accordance with applicable Accounting Standards and other mandatory professional reporting requirements and other statutory requirements. In our opinion: (a)

the financial statements are drawn up so as to present fairly the Association's financial position as at 31 December 2014 and its performance as represented by the results of its operations and cashflows for the year ended on that date; and

(b)

subject to Note 1(a) there are reasonable grounds to believe that the Association will be able to pay its debts as and when they become due and payable.

This declaration is made in accordance with the constitution of Western Australian Rugby Union (Inc.)

On behalf of the Board

R Perry Chairman Perth, 16 February 2015

RUGBYWA 2014 ANNUAL REPORT

Ernst & Young 11 Mounts Bay Road Perth WA 6000 Australia GPO Box M939 Perth WA 6843 Ernst & Young 11 Mounts Bay Road Perth WA 6000 Australia GPO Box M939 Perth WA 6843

Tel: +61 8 9429 2222 Fax: +61 8 9429 2436 ey.com/au Tel: +61 8 9429 2222 Fax: +61 8 9429 2436 ey.com/au

Independent auditor’s report to the members of Western Australian Rugby Union (Inc.) Independent auditor’s report to the members of Western Australian Independent auditor’s report to the members of Western Australian Rugby Union (Inc.) Rugby Union (Inc.) We have audited the accompanying financial report of Western Australian Rugby Union (Inc.), which Independent auditor’s report to the members of Western Australian Rugby Union (Inc.) comprises the consolidated statement of financial position as at 31 December 2014, the consolidated statement of comprehensive income, the consolidated statement of changes in equity and the We have audited the accompanying financial of Western Australian Rugby Union (Inc.), which consolidated statement of cash flows for the report year ended, a summary of significant accounting policies, comprises the consolidated of financial position as consolidated at 31 December 2014, the consolidated other explanatory notes andstatement the directors’ declaration of the entity comprising Western statement comprehensive consolidated statement of changes infrom equity andtothe Australian of Rugby Union (Inc.)income, and the the entities it controlled at the year’s end or time time during consolidated statement of cash flows for the year ended, a summary of significant accounting policies, the financial year. other explanatory notes and the directors’ declaration of the consolidated entity comprising Western Australian Rugby Union (Inc.) for and the the entities it controlled Directors’ Responsibility Financial Report at the year’s end or from time to time during the financial year. The directors’ of Western Australian Rugby Union (Inc.) are responsible for the preparation and fair Directors’ for the Financial Report presentationResponsibility of the financial report in accordance with Australian Accounting Standards and with the Associations Incorporation Act WA, and for such internal controls as the directors determine are The directors’ of Western Australian of Rugby Union (Inc.) arethat responsible for the preparation and fair necessary to enable the preparation the financial report is free from material misstatement, presentation of fraud the financial report in accordance with Australian Accounting Standards and with the whether due to or error. Associations Incorporation Act WA, and for such internal controls as the directors determine are necessary enable the preparation of the financial report that is free from material misstatement, Auditor’stoResponsibility whether due to fraud or error. Our responsibility is to express an opinion on the financial report based on our audit. We conducted our Auditor’s Responsibility audit in accordance with Australian Auditing Standards. Those standards require that we comply with relevant ethical requirements relating to audit engagements and plan and perform the audit to obtain Our responsibility is towhether express the an opinion onreport the financial report based on our audit. We conducted our reasonable assurance financial is free from material misstatement. audit in accordance with Australian Auditing Standards. Those standards require that we comply with relevant relating to audit engagements and plan and perform theand audit to obtain in An audit ethical involvesrequirements performing procedures to obtain audit evidence about the amounts disclosures reasonable whether the financial is free from materialincluding misstatement. the financialassurance report. The procedures selectedreport depend on our judgment, the assessment of the risks of material misstatement of the financial report, whether due to fraud or error. In making those risk An audit involves performing procedures torelevant obtain audit evidence the amounts and disclosuresof in assessments, we consider internal controls to the entity’sabout preparation and fair presentation the financial report. The procedures depend onthat our are judgment, including the assessment ofbut thenot report in order to designselected audit procedures appropriate in the circumstances, risks of purpose materialof misstatement ofopinion the financial whetherofdue fraud or error. controls. In makingAn those for the expressing an on thereport, effectiveness thetoentity’s internal auditrisk assessments, we consider internal controls relevant to the entity’s fair presentation also includes evaluating the appropriateness of accounting policies preparation used and theand reasonableness of of the financialestimates report in made order by to design audit procedures that are appropriate the circumstances, but not accounting the directors, as well as evaluating the overallinpresentation of the financial for the purpose of expressing an opinion on the effectiveness of the entity’s internal controls. An audit report. also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the directors, as well as theappropriate overall presentation financial We believe that the audit evidence we have obtained is evaluating sufficient and to provideofathe basis for report. our audit opinion. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for Independence our audit opinion. In conducting our audit we have complied with the independence requirements of the Australian Independence professional accounting bodies. In conducting our audit we have complied with the independence requirements of the Australian professional accounting bodies.

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GL:KW:RUGBY WA:040

RUGBYWA 2014 ANNUAL REPORT

A member firm of Ernst & Young Global Limited Liability limited by a scheme approved under Professional Standards Legislation

GL:KW:RUGBY WA:040

Opinion In our opinion the financial report presents fairly, in all material respects, the financial position of Opinion Western Australian Rugby Union (Inc.) and the consolidated entity as of 31 December 2014, and their financial performance and cash flows for the year then ended in accordance with Australian Accounting In our opinion report presents fairly, all material respects, the financial position of Standards andthe thefinancial Associations Incorporations ActinWA. Western Australian Rugby Union (Inc.) and the consolidated entity as of 31 December 2014, and their financial performance Emphasis of Matterand cash flows for the year then ended in accordance with Australian Accounting Standards and the Associations Incorporations Act WA. Without qualifying our opinion, we draw attention to Note 1(a) Cash Management in the financial report. Emphasis of Matter These conditions indicate the existence of a material uncertainty that may cast significant doubt about the entityâ&#x20AC;&#x2122;s ability to continue as a going concern and therefore, the entity may be unable to realise its Without qualifying ouritsopinion, weindraw attention to Note 1(a) Cash Management in the financial report. assets and discharge liabilities the normal course of business. These conditions indicate the existence of a material uncertainty that may cast significant doubt about the entityâ&#x20AC;&#x2122;s ability to continue as a going concern and therefore, the entity may be unable to realise its assets and discharge its liabilities in the normal course of business. Ernst & Young Ernst & Young G Lotter Partner Perth G 16Lotter February 2015 Partner Perth 16 February 2015

A member firm of Ernst & Young Global Limited Liability limited by a scheme approved under Professional Standards Legislation

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RUGBYWA 2014 ANNUAL REPORT GL:KW:RUGBY WA:040

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RUGBYWA 2014 ANNUAL REPORT